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It's rediscovering human nature. People can't be trusted if things are done in darkness. There will always be someone to negatively take advantage of the situat
by WheelsAtLarge 4y ago
It's rediscovering human nature. People can't be trusted if things are done in darkness. There will always be someone to negatively take advantage of the situation.
Without some regulation we will see a never ending cycle of fraud. FTX over and over again. The real shame is that Crypto was gaining a bit of respectability only to be brought down again. Also, how easily it was for a 30 yr old business neophyte had so many people fooled since there was no clarity on his dealings.
Blind trust has not worked and will never work as long as humans are involved.