BREAKDOWN: Can Crypto Create Cultural Revolutions?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 28 March 2021
⏱️ 30 minutes
🧾️ Download transcript
Summary
A reading of David Hoffman’s recent essay “The Digital Cultural Revolution.”
This episode is sponsored by Nexo.io and Casper, and this week’s special product launch, Exodus.
On this edition of “Long Reads Sunday,” NLW reads David Hoffman’s essay “The Digital Cultural Revolution” from Bankless. The essay argues that culture, more than economics, will be the most important long-term beneficiary of the rise of crypto.
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Transcript
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| 0:45.6 | That's audible.com slash Wondery UK. |
| 0:53.9 | Welcome back to The Breakdown with me, NLW. |
| 0:58.8 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:04.9 | The breakdown is sponsored by nexus.combe, and Exodus, and produced and distributed by CoinDesk. |
| 1:12.3 | What's going on, guys? It is Sunday, March 28th, and that means it's time for Long Reads Sunday. |
| 1:18.7 | Now, the question we're exploring today is, can crypto create cultural revolutions? |
| 1:24.0 | I've said frequently on this show that the way I think about what I cover is fundamentally about |
| 1:29.3 | shifts in power. Why I cover Bitcoin so much is that I think it is a significant, meaningful |
| 1:33.9 | part of shifting power at a global macroeconomic level. Why I cover other things less in the |
| 1:39.7 | crypto industry is that it feels to me like many of them have potential but certainly aren't macro |
| 1:44.6 | forces yet. In other words, yes, one can see how Defi might leave traditional financial |
| 1:49.5 | processes in the dust, but it hasn't really started to chip away at them as yet, despite |
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