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RE: Why FTX Blowing Up Was Great For Crypto

in LeoFinance2 years ago

It is just a continuity of what had happen this year that really affected financial markets with crypto being the front runner of capitulation. A small hint of getting back to where we should position our bags in preparation for the next bull run. Maybe for the next 2 years, people will see what's the real deal of web3.0, Hive as a great contender.

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Maybe for the next 2 years, people will see what's the real deal of web3.0, Hive as a great contender.

Currently many people see only the scams and frauds in cryptocurrency, and somewhat I can understand them. Especially if their first contact with cryptocurrency was with FTX.

That is because they look at crypto as financial and not technology.

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I am sure that most people look cryptocurrency only from the financial aspect. Only a very few people care about and understand the technology behind it. Most people do not even want to understand it. They only want to use it. And this is true for most technologies too. Probably for technologies in general.

Web 3.0 requires a lot of development so you are right, it is atime thing.

Hopefully people will start figuring that out.

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