Hypermodernity is a world of globalized craziness

Steven Welzer
Sep 5, 2021

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Compound, backed by prominent crypto venture capitalists like Andreessen Horowitz and Coinbase Ventures, now has more than $20 billion in assets. Each of the nearly 300,000 “customers” is represented by a unique 42-character list of letters and numbers. But Compound does not know their names or even what country they are from.

https://www.nytimes.com/2021/09/05/us/politics/cryptocurrency-banking-regulation.html

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Steven Welzer
Steven Welzer

Written by Steven Welzer

A Green Party activist, Steve was an original co-editor of DSA’s “Ecosocialist Review.” He now serves on the Editorial Board of the New Green Horizons webzine.

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