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Welcome back to The Breakdown. It's Tuesday, February 11th, and today we have something just a little bit different. One of the most contentious issues or questions in the entire

crypto space is the idea of what blockchains are good for, what tokens are good for. Now, on the one end of

the spectrum, you have folks who really believe that there is only one good use case for

blockchains, which is money, which is Bitcoin. On the other end of the spectrum, you have people

who believe that there is a fundamental shift necessary in how the entire internet

is architected, and that services need to change from being fundamentally centralized

and controlled by specific corporations with specific incentives that do not necessarily match

the incentives of users or the needs of users, to something that is more user-owned, where

the distinction between network users and network owners is in fact obliterated.

The second vision is, of course, a lot of what underpinned the growth and explosion of

Ethereum and the ICO movement and the whole goal of having decentralized applications

that could take functionality that previously required centralized intermediaries and turn it into

something different.

Now while much of the focus in Ethereum has shifted to decentralized finance protocols,

there are still plenty of people across the space, not only just

in Ethereum, but beyond, who are looking into decentralized social networks, decentralized

social applications, and a huge array of other types of decentralized apps that can change

the power balance and recreate the internet in a fundamentally different way.

One of those platforms is Blockstack.

Blockstack describes itself as a decentralized computing network and app ecosystem,

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