With the internet more monopolized than ever, can Web 3.0 help produce an economy that's fairer to innovation and startups?
The U.S. has much to gain from being the steward of a politically neutral payments technology, even if it means giving up power over the financial system.
Despite the buzz, DeFi is not on a good trajectory. It's too technical, too volatile and too "geeky" to be adopted by "the mainstream," William Mougayar writes.
If the United States had a digital dollar, we wouldn't need to worry about a lack of coins at retailers like Target and Kroger.
Stablecoins, which have been on a pandemic tear, have the potential to soak up deposits currently held by banks, where they offer little or no interest.
Crypto-dollars offer an alternative to unreliable currencies and the dangers of holding physical cash. They just need to be designed for everyday people.
The Federal Reserve wants a little more inflation to keep the economy buoyant. That's hard to achieve when Main Street is so under water.
Millennials and Generation Zers have many reasons to embrace crypto and reform the financial system in their own interests.
Andrew Yang's "Data Dividend" and the EU's GDPR are not enough to put users back in control of their data.
Looking at the performance of crypto hedge funds in 2018 and 2019, it is obvious that crypto quant funds are working.
Random numbers might not sound like a public good, but we actually rely on randomness for a host of socially useful things.
Axie Infinity, a NFT trading game running on Ethereum, has proven a pandemic lifeline for a small community north of Manila.
DeFi needs to self-regulate or, as happened with ICOs, regulators will punish irrational exuberance in the crypto markets.
Large public blockchains are destined to privilege the largest, most fee-tolerant transactions at the expense of non-financial uses.
For clues to the future of decentralized finance, it's useful to look at waves of financial innovation past.