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It's also interesting to see the media criticism so focused on the problems with "crypto" rather than centralization and fraud. I see many people calling for m

It's also interesting to see the media criticism so focused on the problems with "crypto" rather than centralization and fraud. I see many people calling for more regulation on crypto, when actually nothing happened to compromise the cryptocurrency systems themselves. The issue was purely when the more centralized, corporate, venture capital backed players began to engage with and make efforts to centralize the system.

bmitc 4y ago
> The issue was purely when the more centralized, corporate, venture capital backed players began to engage with and make efforts to centralize the system. That is not what happened with FTX aside from venture capitalists being involved. Centralized regulation is actually what prevented FTX from leaking into traditional markets and bringing them down as well.