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Is this necessarily a bad thing? Oh That Crypto
Not everyone was happy when Staples Center in Los Angeles was renamed “Crypto.com Arena”.
And this is especially true for a group of people who have had a deep connection to the term “crypto” for eons – cryptographers.
“‘Crypto’ for decades has been used as a shorthand and as a prefix for things related to cryptography,” Amie Stepanovich, executive director of the Silicon Flatirons Center at the University of Colorado Law School, told the Guardian. “In fact, in the term cryptocurrency, the prefix crypto refers to cryptography.”
The good old times
Confusing the two concepts could end in disaster, especially with regard to “lawmakers and regulators who are not always subject matter experts in these areas, even though they are charged with overseeing them,” Stepanovich said. the newspaper.
The move has even spawned cryptographers wearing T-shirts that say “Crypto: it means” cryptography. “
Have the cryptographers ever lost the fight, as Vice argued in a recent article? Considering the rise of cryptocurrencies, it is starting to look like this.
But whether the confusion has negative consequences beyond bruised egos is unclear.
After all, alongside the rise of cryptocurrencies, crypto is also more important than ever today. From ensuring the security of personal data to protecting trade secrets and the advent of quantum computing, cryptographers are in more demand than ever before.
READ MORE: Cryptographers Aren’t Happy With The Way You Use The Word ‘Crypto’ [The Guardian]
Learn more about crypto: Staples Center to be renamed “Crypto.com Arena” because we are doomed to eternal damnation
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