Why I revised my scepticism about crypto

Prices of speculative assets, boosted by massive government stimuli during the pandemic, are crashing in the era of elevated inflation, rising interest rates and quantitative tightening. No assets soared as high as crypto currencies when the going was good and none have plunged so precipitously in the past few months. Advances in what is being accomplished on blockchains suggest they offer an alternative to an internet dominated by platform monopolies, a path for creators to maximise income by cutting out greedy intermediaries, and a censorship-resistant outlet for artists and writers in inimical jurisdictions. There is no doubt that a high proportion of crypto projects are indeed ponzis, and retail investors need to be protected by wise regulations. The problem relates to the fact that everyone in the world puts everyone in Source