When I left an 8-year BigLaw career doing multibillion dollar deals, I thought blockchain would take the best of traditional law/finance & surpass them.

In the 2.5 years since, the culture has gone from naive to willfully ignorant; now clearly worse than traditional solutions.

the premine/ICO craze has fostered a deeply inhuman and abusive culture of arrogant cryptoeconmics technocracy where guys like Glenn Weyl who don't believe in property rights are lionized and 'I'd rather be commoditized than ignored' is an okay idea

really hard for me to see anything good coming from this; it's a classic case of the 'cure is worse than the disease'

as for me, yes I regret razing my traditional law/finance career for this and can't say I really have anything to show for it, other than that I met some interesting people and had some interesting conversations

not sure how long I will keep up this account or whether I will keep posting anything about crypto or 'cryptolaw'; it's possible, but I'd really like to find something more fruitful (for both myself and humanity) to focus on

Just as an example, Reg CF is actually awesome but has a few flaws that don't work for crypto.

Why have we not spent the last three years talking about how to make Reg CF work for crypto?

Why is every proposal "tokens are not securities"?

We could be much farther along.