Damn I went to write a comment and saw you received 1.4 million upvotes that’s crazy lol nice!
The sad part about the recent things in crypto is that the tried and true method of vulture lending was thrown at crypto and it did get some things killed but at the same time the good thing about it is that it’s on such a wide scale that it’s not easily controlled and the vultures became the prey in some scenarios. That’s good to see happen! That surely doesn’t happen on Wall Street and I know that some of the firms are taking a step back and thinking shit, we have to figure out how to manage that. I don’t think there’s a significant amount of things they can manage in the long run that will prevent them from being a victim which is good.
Add in decentralization of it all and there’s a good recipe for civilization to get some real financial progress if we can manage to keep it as best decentralized as we can.
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