Crypto got everything it wanted. Now it's sinking (economist.com)

Sinking in value. Expanding nearly exponentially in breadth and depth of financial system integration.

[flagged]

This article is written at this stage of every cycle. It’s getting old.

[dead]

I think crypto is finally maturing. Consumers directly using it is just not going to happen. But institutions using it as a settlement layer seems to have traction. I'm curious to see what Stripe does with Tempo.

For all the crap that is in the crypto ecosystem I do think a lot of people underestimate its potential. Defi can replace entire institutions like banking. Combine it with regulated local stablecoins and governments dont seem too unhappy with it either.

"For a speculative asset-one which produces no income and relies solely on hopes for future capital gains-the absence of a fresh bullish narrative to justify further price rises is a challenge."

No income. No worries. Number go up

[dead]

crypto got nothing it wanted. People wanted it to be a currency

[flagged]

[flagged]

[flagged]

[dead]

[dead]