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Why We Should Stop Thinking of ‘Crypto’ as a Single Industry

Enterprise blockchains, central bank digital currencies, digital collectibles, DeFi, and bitcoin. How much do they really have to do with one another?

Feb 20, 2020 at 8:00 p.m. UTC
Updated Sep 13, 2021 at 12:20 p.m. UTC

Enterprise blockchains, central bank digital currencies, digital collectibles, DeFi and bitcoin. How much do they really have to do with one another?

For early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

The "crypto" industry is having a hard time fitting everything that’s happening inside that one monolithic term. On this episode, @nlw looks at current news stories from across at least five different categories - DeFi, enterprise blockchain, central bank digital currencies, digital collectibles and bitcoin (BTC) - to ask whether they really all belong lumped in in the same category. 

The episode also looks at:

  • Four reasons these increasingly different categories remain bunched together
  • Why turning other parts of the industry into an enemy is rewarded in the public sphere
  • Why letting individual parts of the industry evolve individually is likely to bring more, not fewer, resources into the space 

For early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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