Steve Kaczynski and Scott Duke Kominers for PS On Point: The Rise of Consumer Crypto

Steve Kaczynski and Scott Duke Kominers detail a wide range of business uses for non-fungible tokens and other blockchain-based technologies. [View this message in a web browser]( [PS On Point]( FEBRUARY 9, 2024 While blockchain-based non-fungible tokens are open to the same kind of speculative financialization that we’ve seen elsewhere in the crypto market, the most compelling business uses will center on consumers. In fact, write tech entrepreneur Steve Kaczynski and Harvard's Scott Duke Kominers, such applications are poised for widespread diffusion. [Read more]( [PS Longer Reads: The Rise of Consumer Crypto]( [The Rise of Consumer Crypto]( By Steve Kaczynski and Scott Duke Kominers Although non-fungible tokens are often misunderstood and even derided, they remain a general and flexible solution for establishing and tracking ownership in the digital domain. As a superior solution to existing technology in many areas of the consumer economy, their widespread adoption is all but inevitable. [Read more]( [PS Introductory Offer: Subscribe to PS Digital for less than $5 per month.]( [PS Big Picture: Defensive Democracy]( [Defensive Democracy]( with Jan-Werner Mueller, Daniela Schwarzer, Joseph S. Nye, Jr., and more As the US Supreme Court weighs whether Donald Trump is eligible to appear on the Colorado primary ballot – and, effectively, to run in this year’s presidential election – Germany is engaged in a heated debate about whether to ban the far-right Alternative für Deutschland. While disqualification of anti-democratic candidates and parties has been the exception in the world’s democracies, has it now become necessary? [Read more]( [PS Say More: Robert Skidelsky on Keynes, AI, the future of work, and more]( [Robert Skidelsky on Keynes, AI, the future of work, and more]( Robert Skidelsky argues that the best way to secure supply chains is peace, highlights three grave risks posed by artificial intelligence, challenges the notion that science and religion should be regarded as opposites, and more. Skidelsky is a member of the British House of Lords, Professor Emeritus of Political Economy at Warwick University, and the author, most recently, of [The Machine Age: An Idea, a History, a Warning](. [Read more]( [PS Longer Reads: The Fog of War Crimes]( [The Fog of War Crimes]( By James A. Goldston The seminal tribunals for prosecuting atrocities committed by the Axis powers during World War II were both born in and riven by Cold War politics and the victors' national self-interest. Yet for all of their flaws, both trials showed that the monumental challenge of fairly prosecuting senior officials for high crimes is worth pursuing. [Read more]( [PS. Sign up now to receive our weekly PS on Sunday newsletter.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. Receipt of this newsletter does not guarantee rights to re-publish any of its content. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.