Moving Cryptocurrency from “Hopium” to the Antidote

Cryptocurrency is coming down from a high.

I remember the high and crazy days of peak bull market from the end of last year, when absolute global domination and riches beyond our wildest dreams were a mere months away. Now, coming back from another cryptocurrency event, I see that the energy has died down, but the approach is the same: when moon? The crypto faithful, legitimately some of the modern age’s greatest pioneers, have largely become hype fiends.

Most crypto conferences run on “hopium” and fandom

Not intending to take too pessimistic of a view, but for the most part, cryptocurrency and blockchain conferences tend to be feeding frenzies of hype. Ever-newer and snazzier projects are presented in slick presentations and demos, while stars and influencers rehash the key tenets of the system. Put more clearly, the cryptoverse revolves around two main products: hope and fandom. The former consists of the happy energy sparked by the beginning of a new idea, before…