Wednesday morning news drop
What is the point of crypto? Crypto is a solution in search of a problem — or problems. (Vox)
Why This Computer Scientist Says All Cryptocurrency Should “Die in a Fire” UC-Berkeley’s Nicholas Weaver has been studying cryptocurrency for years. He thinks it’s a terrible idea that will end in disaster. (Current Affairs)
Venture Capitalists Are Aiming to Disrupt Fish Farming: Forever Oceans says it’s built technology that allows it to push into new frontiers for cultivated fish. (Businessweek)
Facebook Has a Superuser-Supremacy Problem: Most public activity on the platform comes from a tiny, hyperactive group of abusive users. Facebook relies on them to decide what everyone sees. (The Atlantic)
Why Elon Musk can’t just walk away from the Twitter deal His recent tweets may be a renegotiation strategy. (Grid)\
The Rich Are Not Who We Think They Are. And Happiness Is Not What We Think It Is, Either. It’s not the small number of well-known tech and shopping billionaires but instead more than 140,000 Americans who earn more than $1.58 million per year. Researchers found that the typical rich American is, in their words, the owner of a “regional business,” such as an “auto dealer” or a “beverage distributor.” (New York Times)
Greedflation, gouging and price controls There are really three questions here: Is corporate greed contributing to inflation? Is market power contributing to inflation? Are price controls a good way of addressing market power and/or inflation? (Noahpinion)
Inside Mark Meadows’s final push to keep Trump in power: The former congressman played a key role in Trump’s effort to overturn the election, according to his texts, congressional investigations and interviews. (Washington Post)
How a Fringe NBA Player Blazed a Trail to Coach the Boston Celtics Ime Udoka beat long odds and made an NBA team after getting a last-minute invitation to training camp. It was a month that would change his life. (Wall Street Journal)
How Battle of Alberta has changed since 'brutal, violent' 1991 series “You always knew going into it that there was going to be bloodshed, and it was going to be some of your own,” The sheer violence does not exist anymore, and when the original Battle began there was no question who was the big brother, and who was the little one. (Sportsnet)
"Slow-moving disaster": Horgan government slammed over costly Royal BC Museum rebuild When BC’s tourism minister announced a new $800 million rebuild of the Royal BC Museum in Victoria last week, she took great pains to point out all the people who will benefit from the change. (Hive)
