Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc...
by timoth3y on Monday April 12, 2021 @07:59PM
(#26786623)
> Whatever your stance on cryptocurrencies are, what is of little dispute is the business opportunities they have created
I strongly dispute that claim.
After a decade of effort, tens of billions of dollars invested, and thousands of crypto startups, we still don't have a single successful business other than those selling crypto services. (To be fair, Brave looks like it might make a run for it. We'll have to wait and see.)
Pointing to the fact that some people arre making a lot of money does not validate a business model or a social good.
Even in the most vile and egregious scams, there are always some people making a lot of money.
I strongly dispute that claim.
After a decade of effort, tens of billions of dollars invested, and thousands of crypto startups, we still don't have a single successful business other than those selling crypto services. (To be fair, Brave looks like it might make a run for it. We'll have to wait and see.)
Pointing to the fact that some people arre making a lot of money does not validate a business model or a social good.
Even in the most vile and egregious scams, there are always some people making a lot of money.