Greed, Lies and FTX: Is Crypto a Force for Good or Evil?

advocates from retribution by tyrannical regimes, while creating a fully transparent Bitcoin blockchain that has lived for more than a decade without a single record being altered.

FTX was bad. But crypto is one of the greatest forces for good on the planet. If we allow the narrative to continue on this path, the association fallacy will snowball, systematically erasing any memory of more than a decade’s worth of positive crypto impact. So, what can we do about it?We can start by abandoning this strategy of sticking our heads in the sand and waiting for this to blow over. Talk to anyone in crypto right now and they’re in a holding pattern.

From our side, at The Giving Block we’re going well beyond that, starting “The Crypto is Good Project,” which will focus on compiling data, profiles and reports on the ways in which crypto is a force for good. If you’re in crypto, now is the time to take a little time and build a use case that matters.

If the crypto community seizes this moment to shed light on the bright side of crypto, we’ll put FTX behind us and go back to changing the world. If we don’t, people will continue to look at us and see SBF. That’s our choice right now. I’m hoping more people make the right one.

thisisPatDuffy TheGivingBlock Bitstamp Cosa Nostra TILL THE END StonedApeCrew

thisisPatDuffy TheGivingBlock Bitstamp Crypto definitely should be a force for good being in the privileged position to be that, but where there's money there's evil, and the crypto market manipulation going on for the sakes of regulation definitely is being ran by those up to no good.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coinbase CEO Brian Armstrong talks FTX, crypto regulation and DeFi'Crypto isn’t going anywhere.' Axios spoke with the co-founder and CEO of Coinbase — the largest crypto exchange in the U.S. — as the industry writhes under the weight of FTX's collapse. Here's what he said. 🤣 I have 2 things going for me, I'm old and I'm poor. That insures that I will never lose money in Crypto
Source: axios - 🏆 302. / 63 Read more »

Rating agencies, not regulators, can rebuild trust in crypto after FTXPrivate rating agencies could work better and more quickly than regulators when it comes to reviewing businesses in the cryptocurrency industry. Crypto has had the last 5 years at minimum to implement industry standards pertaining to transparency, financial reporting and consumer protection. Instead they wait for disaster after disaster then try to fob retail off with questionable proof of reserves. Not good enough. Some new fraudster or politician would just bribe the ratings agencies in their favor. The only solution is a cryptographic verification.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Crypto Biz: Contagion engulfs Bitcoin miners as bear market continuesThe bear market blues continue to plague Bitcoin miners as Core Scientific reportedly files for Chapter 11 bankruptcy. (Reporting via forgeforth_)
Source: Cointelegraph - 🏆 562. / 51 Read more »