129 - Why the Crypto Critics Are Wrong | Matthew Green
Inside the episode
Matthew helped create Zerocash, one of the first privacy cryptocurrency experiments, and ultimately influenced the Zcash protocol.
He recently wrote an article titled, “In Defense of Crypto(Currency)”, in response to an open letter to Congress, signed by a large group of technologists, denouncing the entire premise of cryptocurrency and urging congress to strongly regulate the space.
In this episode, Matthew talks about his article, how crypto can do better as an industry, and why to be optimistic about the future of crypto.
6:34 Letter to Congress
12:27 Matthew’s Background
15:45 Why Write This Letter
19:03 Crypto Haters
24:14 What to do About Scams
32:28 Addressing Concrete Objections
35:36 PoW Climate Issue
38:06 Blockchains Transfer Reversal
45:50 Crypto Doesn’t Scale Claim
50:42 Privacy Claims
1:02:43 Annoying Hype
1:05:50 Doing Better as an Industry
1:10:25 Matthew’s Favorite Project
1:14:58 Why Be Optimistic About Crypto
1:17:13 Closing & Disclaimers
Letter to Congress
In Defense of Crypto(Currency)