“They want to build a crypto utopia, a new city where the money is virtual and the contracts are all public, to show the rest of the world what a crypto future could look like. Blockchain, a digital ledger that forms the basis of virtual currencies, has the potential to reinvent society — and the Puertopians want to prove it.” Nellie Bowles in the NYT: Making a Crypto Utopia in Puerto Rico. (Meanwhile, Puerto Ricans are looking to realize a more traditional utopia – one with food, shelter, electricity, and clean drinking water…)

+ Joi Ito on the big ICO swindle: “My concern with today’s ICOs is that they’re being fueled by the gold-rush mentality around cryptocurrencies, and so are deployed in irresponsible ways that are causing harm to individuals and damaging the ecosystem of developers and organizations.”