Crypto’s future is similar to the abandoned Diem project on Facebook more than CypherPunk ethics that started Bitcoin 16 years ago.
Kyle Torpey, Bitcoin journalist since 2014.
Crypto began as an ideal movement to give the decentralized character to digital financing, but the long -term trend since Bitcoin was originally launched in January 2009 was towards more central and permission activity.
These issues were clear for some time, especially with regard to the dependence on central Stablecoins throughout the industry. But the transmission of encryption to traditional technology is now more clear with Blockchains that this stablecoins are also more central.
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