Dear Enthusiast: Please reconsider your efforts. Ask whether your work will leave the world better than you found it. If not, do something else. I've received enough unsolicited proselytizing. I lack the willpower to adjudge your defi prospectus pointless, counterproductive, amoral, naive, criminal or any combination thereof. I will not go. I will not shill. I will not buy or fund. Defi projects have thus far been means by which unscrupulous people bilk others of their resources. They're especially counterproductive right now, with widening wealth disparity birthing populist extremisms across the political spectrum and around the globe.

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For an overview of my stance on cryptocurrencies, NFTs, blockchains, DAOs, etc., refer to the Letter in Support of Responsible Fintech Policy. If you feel like reading some opposing opinions (or if you also find these phenomena by turns fascinating, alarming and maddening) I recommend the following writers: Molly White (note also her excellent site Web3 is going just great) Bruce Schneier Matt Levine web2boomer Dare Obasanjo Yanis Varoufakis (especially this interview) Bennett Tomlin Concoda Rohan Grey David Gerard Ricardo Valencia