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Why We Should Stop Thinking of ‘Crypto’ as a Single Industry

Why We Should Stop Thinking of ‘Crypto’ as a Single Industry

The ‘crypto’ industry is having a hard time fitting everything that’s happening inside that one monolithic term. On this episode, @nlw looks at current news stories from across at least 5 different categories - DeFi, enterprise blockchain,...

The Breakdown

February 20, 202015m 53s

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Show Notes

The ‘crypto’ industry is having a hard time fitting everything that’s happening inside that one monolithic term. On this episode, @nlw looks at current news stories from across at least 5 different categories - DeFi, enterprise blockchain, central bank digital currencies, digital collectibles and bitcoin - to ask whether they really all belong lumped in in the same category. 

The episode also looks at:

  • Four reasons these increasingly different categories remain bunched together 
  • Why turning other parts of the industry into an enemy is rewarded in the public sphere
  • Why letting individual parts of the industry evolve individually is likely to bring more, not fewer resources into the space.