Crypto's Identity Crisis
The crypto industry is in its biggest crisis yet. Turmoil and inner conflict prevail. What's the way forward? A few observations from recent weeks in search of an answer.
Throughout the past few weeks, I've come across a lot of troubling material that conveys turmoil and inner conflict. As I reflected on the FTX scandal four weeks ago, I wrote that “what currently shakes the crypto industry is unprecedented in scale, reach and gravity”. Today, I’m feeling this even more strongly.
It’s not just about FTX, a giant fraud a…