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SBF ran traditional centralized companies, it has nothing to do with crypto
by hanniabu 3y ago
SBF ran traditional centralized companies, it has nothing to do with crypto
- gmd63 3y agoIt's a crypto exchange. It does have something to do with crypto. Just as banks eventually emerged from absolute anarchist cavemen trading stones, centralized applications emerge from the alleged true freedom of the crypto space simply because people use their freedom to purchase convenience.
- hanniabu 3y agoA crypto exchange is centralized infrastructure. It's just a web2 service. If it was a true crypto exchange (for example uniswap), then there'd have been no way for him to steal funds. This is a shortcoming of traditional infrastructure, crypto is the solution.