Bitcoin was launched in January 2009 with a bold vision. It was going to take control of finance away from the banks and institutions that caused the Global Financial Crisis and put it back in the hands of the people. No longer would greedy institutions control the flow of money, technology would.
"‘Investment’ schemes, rug pulls, romance scams, phishing scams, social media ‘giveaway’ scams, fake NFTs, tech-support scams and fake exchanges are just the tip of the iceberg."
As you’re probably aware, that dream hasn’t exactly panned out the way Satoshi Nakamoto and their collaborators dreamed. The cryptocurrency scene has been, more than anything, a case study in what a completely unregulated financial system looks like: a dumpster fire of small- and big-time scams, get-rich-quick schemes and wild market manipulation. It’s no wonder most businesses still won’t touch it.
All this is not to dump on the concept
