What’s on your mind? A year of crypto opinions

2023 has seen its fair share of crypto turmoil — and everyone who’s anyone has had their own take in our opinion section

OPINION
article-image

rzoze19/Shutterstock modified by Blockworks

share

Over the past year, the crypto industry has seen its fair share of turmoil — from contentious crypto legislation to eyeball scanning coins to the conviction of one of crypto’s biggest fraudsters. You can bet that there are a lot of people who have had a lot of opinions about each and every blockbuster event (and some of the smaller ones, too). 

With 2023 (almost) in the rear-view mirror, Blockworks’ opinion page has highlighted some of the best — that is, the most contentious, impassioned, absurd, etc. — takes on what went down in crypto in 2023. 

Here’s our top-ten list:

10. Elizabeth Warren has a lot to say about crypto — try listening for once

Earlier this year, Senator Elizabeth Warren criticized crypto (again) and declared that she was building an “anti-crypto army.” 

This think piece by one of her constituents, herself a mom, asks Warren to reconsider her treatment of an industry that has been a safe haven for those excluded from other parts of the workforce.

9. Swipe right? SBF’s ‘Love is Blind’ approach to politics was never real

In all of the Sam Bankman-Fried coverage, no one thought to compare the former FTX CEO’s antics to that of fame-hungry contestants on a reality show. But it seems like a reality show comparison of Bankman-Fried and the regulators, businessmen and politicians who fell in love with him is actually pretty apt. 

As the author writes, “Just because Congress fell in love with the wrong guy doesn’t mean they should give up on the prospect of legislating crypto towards a happier ending.”

8. You aren’t thinking hard enough about digital art

A digital, abstract rendering of a goose sold as an NFT for over $6 million at Sotheby’s this year. If you think that’s absurd, think about what one critic said of Claude Monet’s early work: “A preliminary drawing for a wallpaper pattern is more finished than this seascape.” 

This op-ed asks the question — is it possible that we’re more like this critic than we realize?

7. No matter what happens with the SEC, Ripple has already won

With all the big crypto court cases this year, you may not remember one of the earliest — the SEC vs Ripple. 

This op-ed explores how Ripple — arguably one of the crypto companies that the industry saw as the butt of the joke — has now become a heroic David defeating Goliath figure instead. The enemy of your enemy is indeed your friend.

6. Firearms before finance: The US educational system is failing teens like me

With our youngest op-ed writer of the year, this piece explores what it’s like to be a student in the American highschool system and learning how to shoot a gun — at the expense of learning anything about how to prepare for their financial futures.

5. If we want crypto to succeed, we’ve got to give X the boot

This year has seen our beloved Crypto Twitter turn into Crypto X. 

And while some are on board with the switch, this op-ed takes the stance that crypto as a subculture needs to end its toxic reliance on X — if it’s ever going to move past the destruction left by Sam Bankman-Fried.

4. Raise your hand if you fully trust your bank

The beginning of this year saw the collapse of several smaller American banks, something previously almost unheard of. 

When banks have all the power over access to your finances, isn’t it natural to look for an alternative in crypto?

3. DrainageDAO? What crypto can learn from a 4,000-year-old flood control system

This piece asks the question that you have all probably been thinking about: If Chinese townspeople 4,000 years ago could band together to create a sophisticated drainage system to save their lives from yearly floods, can’t we all get along on Discord?

2. I’m a crypto journalist, just please don’t tell anyone

For those of us who work in crypto, telling other people what you do can be difficult for a variety of reasons. 

This op-ed touches on why it can sometimes feel so bad to be honest about your job, or even why you believe in the industry at all — and tells you that it’s ok.

1. Worldcoin isn’t as bad as it sounds: It’s worse

The eyeball scanning craze of Worldcoin has died down somewhat, but the privacy concerns linger. 

This piece breaks down why exactly it may be so wrong to give a company access to our biometric data.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2024

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Permissionless is a conference for founders, application developers, and users. Come meet the next generation of people building and using crypto.

recent research

Research Report Templates (1).png

Research

Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.

article-image

Markets are holding relatively steady despite the supply shock

article-image

Analysts are looking ahead to August, a historically volatile month made more interesting this year by the US presidential election

article-image

Plus, a look into Lighting Labs’ newest feature

article-image

Crypto’s Wild West era is over — it’s time to embrace regulation to secure the future of digital assets

article-image

Plus, Solana has now surpassed Ethereum in trailing 30-day decentralized exchange volume

article-image

Polymarket betters say Kamala Harris has better odds than Biden of winning against Trump