BREAKDOWN: Can Crypto Create Cultural Revolutions?

A reading of David Hoffman’s recent essay “The Digital Cultural Revolution.” (See below)

The Digital Culture Revolution

Ethereum, NFTs, and Tokens will spark a cultural revolution for the Digital Generations

The cryptocurrency revolution is typically viewed as a revolution in money and technology. Crypto-economic systems promise to usher in a new age of unbridled value-transfer and value-expression, via the improvements in both scarce financial assets and technological mediums for leveraging these assets.

Together, technology and money compose so much of what makes society…society. When we change these things, we change everything. Much of what defines a society is mediated by the technological tools we have available to create cultural expression.

The cryptocurrency revolution is a revolution in money and technology, but the legacy of crypto will instead be a renaissance in human culture. 

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