Crypto Removes Friction

There is a lot of debate recently about crypto either as solution to all the problems in the world (“Bitcoin fixes this”) or as the biggest Ponzi scheme. Instead, of arguing which side is correct, I want to provide an alternative lens of looking at crypto through technological progress.

All technologies remove friction

All technologies are tools for removing friction. Good and bad uses of technology are different side of the same coin and is entirely dependent on use of technology by the peopl...