Choice cuts

[professor rat]

"There's a received view among crypto people that libertarianism is driving all of this. ... I'm not at all convinced that's true. When these things work it's always because you have communities built around them," Peter Ludlow, philosopher and editor of the book "Crypto Anarchy, Cyberstates, and Pirate Utopias," told CoinDesk in a phone call. "It might be something more interesting."

https://www.coindesk.com/tech/2020/11/24/cypherpunk-crypto-anarchy-and-how-bitcoin-lost-the-narrative/

In fact, the Hail Mary pass of blockchain-but-definitely-not-crypto came when Facebook and its Libra project showed up barking like a Jack Russell terrier in a room full of kittens, only for Mark Zuckerberg's empire to tuck tail and prostrate itself before the regulatory equivalent of a basset hound. 

Libra was all technology, a deviously inspired business plan and zero actual conviction.