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by benreesman
1589 days ago
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I think there’s a general consensus about the speculative bubble in the crypto asset class, but that’s a consequence of central-bank monetary policy, you’ll find the same in real-estate, equities, precious metals, you name it. When the cost of capital is ~0, the scammers come out of the woodwork. Flack-it-till-you SPAC it. But even if it all ends in tears it will have financed research in: - Byzantine consensus
- Gossip protocols in P2P networking
- Zero-Knowledge Proofs
- Auction Theory
- Verifiably Random Functions
- Virtual Machine execution cost models right off the top of my head. |
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