The Crypto Elites Are Plotting a Wall Street Merger
concoda.substack.com
The Crypto Elites Are Plotting a Wall Street Merger
1–10 of 28 posts
Re: The Crypto Elites Are Plotting a Wall Street Merger
#2The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
George Orwell, Animal Farm
Re: The Crypto Elites Are Plotting a Wall Street Merger
#3No post body was provided.
Re: The Crypto Elites Are Plotting a Wall Street Merger
#4Quoted post unavailable.
Unfortunately, it's a sandbox that consumes as much electricity as some mid-sized countries. An absolute obscenity.
Re: The Crypto Elites Are Plotting a Wall Street Merger
#5Re: The Crypto Elites Are Plotting a Wall Street Merger
#6The modern tulip bubble, but 1000x worse. I cannot wait for crypto-everything to die.
Re: The Crypto Elites Are Plotting a Wall Street Merger
#7Goodness - so much wrong in one headline!
Re: The Crypto Elites Are Plotting a Wall Street Merger
#8This blog post goes off the rails in the second sentence.
> The crypto movement, the very rebellion that set out to defeat [WallSt/TheFed] hegemony, has provided them with the necessary new-age tech to enhance their existing order.
Like what tech do banks or the government need from the crypto crowd? Trading has been electronic for decades, the credit card networks are orders of magnitude more scalable than any blockchain, ACH exists.
Re: The Crypto Elites Are Plotting a Wall Street Merger
#9This blog post goes off the rails in the second sentence. > The crypto movement, the very rebellion that set out to defeat [WallSt/TheFed] hegemony, has provided them with the necessary new-age tech to enhance their existing order. Like what tech do banks or the government need from the crypto crowd? Trading has been electronic for decades, the credit card networks are orders of magnitude more scalable than any block…
They do not 'need' anything. Apparently there's some utility for a cryptographically signed ledger, but I suspect that's a 'blockchain' in name only.
EDIT: I remember some banking 'crypto' projects announced by several institutions across the globe. Whether they are real projects or just a way to try to attract investments by pitching the latest fad, I do not know.
Re: The Crypto Elites Are Plotting a Wall Street Merger
#10The modern tulip bubble, but 1000x worse. I cannot wait for crypto-everything to die.
More than a decade into at this point. I don't see why it'd burst now.