The Original Sins of Cryptocurrencies

gepubliceerd op by Cointele | gepubliceerd op

The crypto industry is on its way from the epic early days, when it was a technological phenomenon exclusive to a limited group of techs, scientists and enthusiasts, to its final destination: a financial commodity intended for use by everyone.

The extent of the crypto revolution is total, disruptive, world-wide and irreversible.

Try to remember how socializing was before the arrival of Facebook and other social networks, and you will have a fresh feeling of crypto's potential reach.

The speculative sinA few frictions are lagging crypto's mass adoption process.

Speculation is not the reason for which crypto was created.

From one side, they are fiercely struggling against the crypto world, but from the other side, and under the deepest silence, they are fighting key positions.

The role of the traditional banking systemThe relationship between the bank system and the crypto environment is vague and heavy with conflict.

The crypto ecosystem is potentially in a position to snap a good chunk from the bank.

The strategy of the banking system is coming out: Make things hard for crypto during daylight, but work under the surface at night to grab as many positions as possible in the crypto area in order to control and occupy the space.

To them, the crypto area is still an unknown and scary world to be suspicious about.

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