Crypto is a Rorschach test. People see in it what they want to believe. While the Bitcoin white paper was a very interesting read, and an interesting construct with very valid ideas about trust and verification, ultimately the problem with private money is that government's are never going to allow the private market to take their place at the helm.

This is an excellent description of what happened, and highlights that perhaps a better nickname for SBF is Icarus

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Nov 11, 2022Liked by Joseph Politano

Many things about the financial network I did not fully understand; especially the crypto exchanges. Another enlightening article and thanks to Joseph Politano.

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