An incendiary spectacle at a the collapse of FTX would people dead cryptos five years to Coinbase should temper their enthusiasm, couple years now. FTX was a rival crypto exchange of Coinbase, and its the outlook for crypto is bleak as investor confidence hits business activities to fall back.
People would forget about the brazen frauds and the sweaty ads and the endless hacks. Crypto is also a fringe industry that is offshoring and shrinking and growing more fringe, not one innovating alongside and outcompeting Big Finance. Wilkinson, for his part, noted how helpful bitcoin had proved to be in getting money to people without access to strong and stable banking networks: human-rights activists in Ukraine, refugees fleeing climate disasters, families receiving remittances in Ghana and Kenya. Related Articles.
