The surprising maturity of the crypto-rave crowd
Spicy mezcalitas, tasteful music, discussions of decentralised autonomous organisations. What’s not to like?
What springs to mind when you hear the words “crypto rave in Colombia”? Perhaps an image of sweaty programmers swaying out of sync to thumping house music, some boorishly shouting over it to discuss the latest crypto-token they are flogging, their enthusiasm amplified by illicit substances. Given the crypto community’s penchant for spectacular hacks, rug-pulls and general calamity, something, somewhere is surely going dangerously awry. However the reality, as your columnist discovered on October 12th, is a little different.
This article appeared in the Finance & economics section of the print edition under the headline “Notes from a party”
Finance & economics October 29th 2022
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- Xi Jinping provokes a spectacular sell-off in China’s markets
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- Can Gary Gensler solve every problem in American finance?
- The surprising maturity of the crypto-rave crowd
- How to escape scientific stagnation
From the October 29th 2022 edition
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