This same comment appears on every single crypto post. if it was actually true do you think people would have stopped posting about crypto in the past six years or so?
Wasn't me, but I think people are getting tired of this bizarre crypto optimism. You think crypto is going to redistribute wealth to the masses? People with all the wealth also have all the power and control all the weapons. Think they'll just give it all away? The currently powerful will either make crypto serve them or will make it illegal.
The statement cracks me up. Without these exchanges, crypto would still be a small blip on the radar. It would continue to be nothing but a hobby for techies, libertarians, and techie libertarians, forever.
If it's ever going to become more than a playground for scam artists, the industry needs real leadership that doesn't just brush every scam away with a meme.
I recall having a conversation in about 2016 with a lawyer who was looking into crypto for potential opportunities. After a thorough analysis, he said, “In a few years, all these people will be in jail.”
Whoever said "Traditional financial systems are rigged with fraud! Crypto solves this" RIP
Until the days people are gullible, any amount of tech doesn't solve the problem. Even worse, most people don't understand the slightest of how crypto works and will be easily rigged in crypto world!
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