The Crypto Industry Is Dying That Is a Good Thing(pomp.substack.com)
pomp.substack.com
The Crypto Industry Is Dying That Is a Good Thing
https://pomp.substack.com/p/the-crypto-industry-is-dyingthat
3 comments
As an enthusiast of the promise of bitcoin, the best thing that that community did was to separate itself from crypto.
I'm confused by this. Bitcoin isn't cryptocurrency?
The term cryptocurrency refers to a category that is saturated with companies participating in the minimum amount of decentralization theatre to provide plausible deniability in a court about the level of control that founders have. The currencies in the case of those companies are more akin to stocks than anything.