Review: In ‘Read Write Own,’ venture capitalist Chris Dixon makes a serious case for crypto in wake of FTX debacle
From Fortune:
The book “Read Write Own” takes a hard look at the cryptocurrency and blockchain industry, offering a concise history of the internet and making a passionate case for the future of blockchain. Chris Dixon, a prominent figure in Silicon Valley, emphasizes the need for a new technical structure based on decentralized ownership through blockchain. He argues that blockchain can replicate popular internet features without relying on the dominance of big tech.
Dixon’s book argues that blockchain can create new incentive structures, provide fair compensation for work, and enable users to have a greater say in how the internet is run. The book explores how tokens could create a decentralized version of the internet, where individuals are fairly compensated for their contributions.
Despite the comprehensive arguments for blockchain, the book falls short in addressing criticisms of the crypto industry. Dixon does not fully address the slow adoption of blockchain or the failures of high-profile blockchain projects. The book also fails to acknowledge his own investment in controversial projects, raising questions about self-dealing and the ethics of venture capital firms in the crypto world.
Despite these shortcomings, “Read Write Own” offers a well-articulated overview of blockchain and its potential to revolutionize the internet. The book is elegantly written, historically informative, and concise, making it a compelling read even for staunch crypto critics. As our current version of the web faces challenges, Dixon’s calls for blockchain offer a potential solution, making “Read Write Own” a significant addition to the conversation on the future of cryptocurrency and blockchain.
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