Crypto with the advent of Blockchain technology should be viewed as an attempt to roll back state control and regulations.
Any attempt to control the crypto sphere under the guise of "protecting people" will limit the potential of crypto.
If we closely analyze the issues pertaining to LUNA or FTX or similar things, then by and large they are the failure of centralized theme, although they managed to make inroads in crypto to thrive for some time, before their collapse. So accountability should be fixed on such things rather than exercising arbitrary excess in crypto. Crypto is defined by sovereignty of people not by any institution or state.
Exactly what I have been saying since #FTX situation came to light. Centralized exchanges are #TradFi and hence only tangentially related to #Cryptocurrency
What we lack is not regulation. We simply lack education. @leofinance fixes this!
Straight facts. People need to hold on to their own wallets. I like hive for the reason of delegation and if other platforms had this feature I feel like your assets would be so much better protected and more flexibility.
Crypto with the advent of Blockchain technology should be viewed as an attempt to roll back state control and regulations.
Any attempt to control the crypto sphere under the guise of "protecting people" will limit the potential of crypto.
If we closely analyze the issues pertaining to LUNA or FTX or similar things, then by and large they are the failure of centralized theme, although they managed to make inroads in crypto to thrive for some time, before their collapse. So accountability should be fixed on such things rather than exercising arbitrary excess in crypto. Crypto is defined by sovereignty of people not by any institution or state.
Education is key with crypto.
Learn your way around and understand what crypto stands for.
!PIZZA
Hard facts. Only non-crypto people got hit hard. We know better than to keep money on exchanges.
Exactly what I have been saying since #FTX situation came to light. Centralized exchanges are #TradFi and hence only tangentially related to #Cryptocurrency
What we lack is not regulation. We simply lack education. @leofinance fixes this!
Straight facts. People need to hold on to their own wallets. I like hive for the reason of delegation and if other platforms had this feature I feel like your assets would be so much better protected and more flexibility.