The Case Against Crypto Maximalism

The Case Against Crypto Maximalism

Bitcoin is one of the 21st century’s most remarkable innovations. The ability to send and receive value over the Internet without relying on a centralized intermediary signifies a paradigm shift in the evolution of money. Bitcoin’s disruptive influence has extended far beyond money and could reach nearly every aspect of the global economy as there are several other social constructs that have the potential to be transformed by open blockchains. Blockchain-based technologies can help us digitize essential constructs, like contracts, in a manner that is less vulnerable to manipulation by third parties i.e., trust-minimized.