Cryptomedy: a cryptic but somewhat distributed comedy

admin Friday September 8, 2023

When people notice their bank account has been compromised, most call the bank. But even among software developers, few would ask the bank to change their code as a remedy. Yet, that's what Tulip Trading has asked their pseudo-bank (Bitcoin "developers") to do. At least, optimistically.

Those who believe "cryptocurrencies" are "decentralized" will struggle to make sense of such a request. But those of us who do see beyond the first level will appreciate that cryptomedy is well-distributed. It seems each one of its actors contributes its small share of humor. If only the capacity to appreciate the resulting farce would be abundant and equally distributed among all adults… rolleyes