This paper has benefited from generous feedback from readers including Eric Alston, Eva Beylin, Vitalik Buterin, Paul DâAoust, Joel Dietz, Koray Caliskan, Alexander Lange, Mario Laul, Eugene Leventhal, Harry McLaverty, Auryn Macmillan, Kelsie Nabben, Brandon Ramirez, Lane Rettig, Julia Rosenberg, Sacha Saint-Leger, Jeremy Sklaroff, Lana Swartz, Michael Zargham, and Ethan Zuckerman. I am particularly grateful for the ongoing support of Primavera De Filippi, Morshed Mannan, and Wessel Reijers.