What crypto (still) gets wrong
www.ft.com
As Sam Bankman-Fried awaits sentencing this month for fraud, digital assets are booming again. Yet the problems that exposed his empire in 2022 are as relevant today as they were then
  • Rhoerii@lemy.lolOPMEnglish
    12·
    8 months ago

    Crypto was created with awesome ideas in mind: decentralization, privacy, etc. But it didn’t end up being that at.

    I still invest and believe in crypto, but I wish the market would tank and crypto went back to be what it was intended to be: alternative money/bartering.

    • 🎇sparkles✨@lemy.lolEnglish
      1·
      19 days ago

      only fully fungible and private currencies like XMR/Monero and others of its like can achieve free trading and barter. BTC is too easy to track.