FTX Collapse: Don't Blame Crypto, Blame Humans.

avatar

So lately, quite a lot of people especially those who have been skeptical about cryptocurrencies even before LUNA crash and FTX collapse have been very vocal about why they think crypto is a scam, why crypto will never be globally accepted and why anyone investing in cryptos is doomed for financial crisis sooner or later.


source

To be honest, it's quite funny how we never see people with such opinions and thoughts like this in the bull marke; it's times like this the naysayers creep out of their hole and try to make add salts to the wounds and I hope crypto investors especially newbies don't take their words to heart.

Cryptocurrencies aren't to be blamed for issues currently plaguing the space. Blaming cryptocurrencies would be similar to blaming a piece of land for a war and mot the government and individual fighting. That's nuts.

Cryptos were created to solve problems, to make life easier, to eliminate global corruption and to adjust the finance system of the world to one that favors all and not a just a set of individuals and over the years, it has done just that and even more good. However, there are so many bad players in the crypto industry and people not qualified to handle soem of the big roles cryptos brings and that's one of the reasons for some of the troubles here. It's is one thing to be a developer and another to manage the funds of millions of people.

Human greed is also something that has plagued every system humans get involved with buy luckily for crypto which is a transparent space, all these can be eliminated with the right steps but may take some time. Cryptos have done so much good for humanity and I think what we have to do is check ourselves and make the space a better one.



0
0
0.000
1 comments