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Are crypto founding political principles still relevant?

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by COINS NEWS 143 Views

As I understand it, crypto took of out of the Occupy movement, dissatisfaction with Wall Street and the regulators who enabled them, and it was supposed to give power back to the people through peer to peer transactions that are trustless, decentralised, permissionless etc etc. I'm sure you know the spiel better than I do.

Is this compatible with the increasing prominence of VCs in the space, calls by some for regulation in the hope that it will pump their bags, centralised projects, stablecoins where you need to trust the issuer holding tens of billions of dollars etc?

Could crypto become more like Wall Street in pursuit of growth?


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