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> Both crypto and traditional finance are simply combinations of a database and computer code. It would be straightforward for a group of technicians to convert
by alex_suzuki 4y ago
> Both crypto and traditional finance are simply combinations of a database and computer code. It would be straightforward for a group of technicians to convert any set of conditional cash flows from one into the other.
chuckle
Interesting take for a publication like FT. The Economist, another “reputable”, traditional outlet synonymous with traditional finance, has a more balanced and optimistic take, if anyone cares to read it.
https://www.economist.com/leaders/2022/11/17/is-this-the-end-of-crypto https://www.economist.com/leaders/2022/11/17/is-this-the-end...
Disclaimer: I hold ETH and am excited about its potential, and I also believe in Vitalik Buterin, which is a very different type of person from SBF.