Thursday, March 28, 2024
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A Eulogy for a Day Trader’s Exchange

Crypto class of 2017, of which I consider myself a part, was pampered in many ways. Unlike the bitcoin early adopters who, before the advent of cryptocurrency exchanges, literally had to meet up in person if they wanted to exchange coins,, or the saps who only had “enterprise blockchain” to get excited about, much of the infrastructure the industry now takes for granted was already laid out before the first major token mania. I bought my first fraction of a bitcoin using a credit card via Coinbase, easily. And when I wanted to sling around sh*tcoins, I logged into Bittrex (that is, before the exchange was geo-blocked in the State of New York).

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