The bet placed five years ago on the future of crypto feels like an echo from a completely different era. Announced at CoinDesk's Consensus conference in 2018 with a May 2023 end date, the wager emerged before the DeFi Summer of 2020, when development of decentralized financial products built on top of Ethereum exploded. Before the gigantic bull market that crumbled last year. Before 2022's disasters including FTX, Terra and Celsius. Yet, it's not an irrelevant historical curiosity. The terms between bitcoin maximalist Jimmy Song and Ethereum co-founder Joe Lubin – major figures on what are arguably polar opposite ... (full story)