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jpeterson | 3 years ago

If crypto has an "ethos", it's decentralization and departure from human institutions. The FTX fiasco is the opposite of that.

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rurp|3 years ago

What percent of crypto activity happens on centralized platforms. 90%? 95%? Whatever the precise number, it's really high.

It's hard to argue that 95% of people in Scotland aren't true Scots.

arise|3 years ago

It's a two-faced ethos, praising decentralization and thumbing its nose at banks while simultaneously entrusting the bulk of its assets to entities that are strictly worse than banks.