…there’s a new Folding Ideas video.

“Video” doesn’t do it justice. It’s a 2+ hour documentary. And in typical Dan Olson fashion, it’s thoughtful, thorough, and dryly hilarious even as you feel your soul being crushed.

The topic this time is cryptocurrency, and more specifically the endemic power imbalance in its secondary applications like NFTs. To be honest, his project works better if you already have some familiarity with the software going in, as he glosses over the technical details in favor of spending time on what really matters: why it all sucks. And boy, is he good at pointing out the nitty-gritty. Definitely worth a watch.