Zack Moreau

Emerging Markets & Digital Assets Columnist — The Token Economy

Zack bought his first Bitcoin at $12 while studying computer science at Stanford, dropped out to join a crypto startup, and made and lost his first million by 24. He sees traditional finance as a slow-moving system built on cheap debt, and believes the future is decentralized, algorithmic, and already here.

china manufacturing stablecoin payments

China's Factory Surge Reshapes Global Token

Beijing's manufacturing growth drives significant demand for cross-border stablecoin settlements.

Jun 30, 2026 · 21:52 UTC

bitcoin crypto market

Bitcoin's Institutional Unwind Reshapes Crypto

Institutional deleveraging creates a structural demand vacuum, impacting thin order books. Network congestion and high fees exacerbate price volatility.

Jun 30, 2026 · 18:11 UTC

ethereum layer 2

Decentralized Innovation Versus Corporate R&D

Ethereum's Layer 2 networks now process transactions for fractions of a cent, demonstrating rapid scaling.

Jun 30, 2026 · 11:38 UTC

artificial intelligence decentralized finance

AI Deals and DeFi: The Centralization Playbook

California's preferential AI access mirrors economic realities in DeFi. High gas fees and MEV extraction create an uneven playing field for retail users.

Jun 29, 2026 · 21:49 UTC