The Node


Opinion

UST Won't Be the End of Algorithmic Stablecoins

The trail for a monetary "Holy Grail" continues, despite Terra’s collapse. So what do we do about it?

(Annie Spratt/Unsplash, modified by CoinDesk)

Opinion

The Human Cost of Lunatic Hubris

Terraform Labs' Do Kwon and his collaborators sold a bad bet to thousands of everyday folks. We're beginning to see how immense the harm was.

The Earth had recently formed when it was struck by a protoplanet called Theia roughly three times the size of Mars. The collapse of the Terra blockchain system has had comparable impacts on some holders. (Mark Garlick/Getty Images/Science Photo Libra)

Opinion

Terra, Web 3 and Acceptable Risk in Innovation

Garbage Day newsletter author Ryan Broderick is skeptical about what comes after Web 2. There are challenges and opportunities ahead.

Does the UST meltdown say anything about the future and promises of crypto? (FLY:D/Unsplash, modified by CoinDesk)

Opinion

Do Kwon Is the Elizabeth Holmes of Crypto

If you promise investors something impossible, is it a crime?

LUNA fell to as low as $7.62 during Asian trading hours. (TradingView)

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Opinion

Bitcoin Is Down, but You Don't Have to Be

Market conditions are not normal right now, but we can all act sane.

(Liza Polyanskaya/Unsplash, modified by CoinDesk)

Opinion

Dr. Doom’s Crypto Embrace? We’re All Just Figuring Things Out

Bitcoin skeptic Nouriel Roubini’s development of a digital currency with Dubai’s Atlas Capital is the latest evidence of an industry that is still evolving.

(Kjetil Ree/Wikimedia Commons, modified by CoinDesk)

Opinion

Why on Earth Would Land Be Scarce in the Metaverse?

With their “skeuomorphic” approach to real estate, Web 3 metaverse projects may have fallen into a trap of their own making.

In the real world, there's only one Lombardy, Italy. But that's not quite how "land" works in the metaverse. (Michele Rossetti/Getty Images)

Opinion

Crypto Is a Luxury Good

Unwrapping Sam Bankman-Fried's analogy about money-printing boxes.

(Kelli McClintock/Unsplash, modified by CoinDesk)

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Opinion

Matt Taibbi, PayPal's Deplatforming and the Case for Crypto

The famed mag writer wrote a story about alt media financial censorship. Oh, how deep the story goes.

(OccupyTVNY, modified by CoinDesk)

Opinion

An Ape Ain’t Free: In Defense of Ethereum’s Fees

Pick your poison: low fees on a chain that could collapse when transaction demand outstrips blockspace (Solana), or unpredictable, sometimes very high fees on a stable chain (Ethereum).

(Bored Ape Yacht Club, modified by CoinDesk)