I made it clear in previous posts that ADIA is not going to get involved in the crypto mania. Are you aware that I helped build one of the first micropayment systems during the 1990s? Millicent by Digital Equipment Corporation's AltaVista search engine subsidiary. This was before Google existed, when AltaVista was a dominant force in the emerging Web, search engine and e-commerce fields.
— JasonCoombs.CEO❤️🤓💰 (@JasonCoombsCEO) May 22, 2019
I want it to be clear that nobody should expect ADIA to pump because of crypto mania, I refuse to participate in that nonsense. There are more important things to do and to build that actually can be the future of all private currency.
Proof-of-Stake and Proof-of-Work (e.g. Nakamoto consensus) are both “bad” (i.e. create a digital investment asset “issued” by a “decentralized common enterprise”). Neither scheme “works” without social coordination or subjectivity.#Bitcoin is an “exempt” security. Full stop. 🛑
— JasonCoombs.CEO❤️🤓💰 (@JasonCoombsCEO) July 13, 2020
Crypto investment funds promise to capture, train, harness and exploit unicorns 🦄 to extract passive profit from the skill and efforts of unknown others for the benefit of anonymous holders in purely-virtual cyberspace-domiciled decentralized common enterprises. #cryptoeconomics
— JasonCoombs.CEO❤️🤓💰 (@JasonCoombsCEO) May 1, 2020
ADIA is going to avoid any harm from the Crypto Dark Winter, and in three to five years when the crash has ended and a recovery can begin again then my work in cryptoeconomics and the themes and innovations of Homeland Forensics may become important and have an impact on the future of cryptocurrency for everyone.
That's what the Crypto Dark Winter has to do with ADIA.