Years later, May grew disillusioned with the "crypto hype" of the 2010s, quipping that Bitcoin enthusiasts had strayed from the original anti-state vision. He once compared modern crypto projects to "barbed wire"-a metaphor from his manifesto for systems that restrict freedom-ironic, since he’d initially used "barbed wire" to represent government control that cryptography would cut through.
Years later, May grew disillusioned with the "crypto hype" of the 2010s, quipping that Bitcoin enthusiasts had strayed from the original anti-state vision. He once compared modern crypto projects to "barbed wire"-a metaphor from his manifesto for systems that restrict freedom-ironic, since he’d initially used "barbed wire" to represent government control that cryptography would cut through.