Odd Lots

Arthur Breitman On the Biggest Problems In Blockchain Design

Blockchains. What are they good for?

A Bitcoin price chart on an electronic screen inside a BitBase cryptocurrency exchange in Barcelona, Spain, on Monday, May 16, 2022. The wipeout of algorithmic stablecoin TerraUSD and its sister token Luna knocked more than $270 billion off the crypto sector’s total trillion-dollar value in the most volatile week for Bitcoin trading in at least two years.Photographer: Angel Garcia/Bloomberg

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By Tracy Alloway and Joe Weisenthal

May 20, 2022 at 8:00 AM UTC

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We continue to see an explosion of interest and money flowing into the crypto/blockchain space. But recent price declines and the Terra disaster have raised new questions about what the whole point is. So ... what is the whole point? What is crypto good for? To get a better understanding of the state of the technology and the market, we speak with Arthur Breitman, the co-founder of the Tezos blockchain. The episode was recorded at the Milken Global Institute Conference in Beverly Hills.