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How Molly White became a crypto critic

Crypto was wrapping up a go-go year when Molly White launched her blog, Web3 is going just great.

Things weren’t exactly going great for crypto in December 2021. There were signs then that an impressive upsurge had come to an end and was on the precipice of a stunning crash: a crypto winter.

White created the blog precisely to turn the spotlight on the even more serious havoc that she feared crypto was going to wreak — not just on the startups and investors rushing into the field, but also people betting their life savings on tokens they’d barely researched after hearing about them online.

“It felt like suddenly people were marketing crypto to the average person,” she told Protocol. “People were getting sucked into these schemes that they really did not know much about or understand properly.”

Web3 is going just great rapidly attracted an audience, and now gets 60,000 to 100,000 visitors a month, White said. Its Twitter account already has 114,000 followers. She only started the account in January.

White, 29, was a teenager when bitcoin launched in 2009. She is part of a generation of software engineers who entered the tech industry in the past decade when the crypto revolution was underway. Many of her peers ended up joining the crypto wave. White went the other way, emerging as one of crypto’s leading critics.

In an interview with Protocol, White, an affiliate of the Berkman Klein Center for Internet and Society at Harvard University, talked about her…

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