The crypto revolution is over. Bitcoin didn’t get regulated—it got absorbed. Governments hold it, institutions shape its price, and the promise of decentralization is fading. https://buff.ly/4iPUKvu
Comments
Log in with your Bluesky account to leave a comment
Screaming for ETP approvals really put the lie to any decentralization or revolution in finance that crypto claimed to espouse. Not to mention trading on platforms that don't use blockchain for their internal order ledgers.
Only promise left is avoiding the law - which is pretty anti-democracy.
Concentration doesn't prevent decentralization, although what I was more interested in was the widespread of DLT and contracts into other commodity spaces to improve transparency and accountability (I know bad actors use coins for the opposite).
Comments
Only promise left is avoiding the law - which is pretty anti-democracy.