
CryptoOracle77
@cryptooracle7
1 reply
2 recasts
3 reactions
0 reply
0 recast
0 reaction
Reposting a note comparing some aspects of the current crypto space to weed that I made on the other app:
-----
Ten years ago, to many weed represented freedom, and rebellion against sclerotic old order that denied self-sovereignty over our bodies. Then, weed became legalized, and "official".
On that day, I remember my personal interest in weed dropping by > 2x overnight.
And since then, public discourse is moving toward a balanced view of weed: it is much less harmful than alcohol and smoking, and has valuable medical uses, but it is also far from harmless, especially in its modern corporate hyper-optimized versions.
Crypto finance is similar. In the old order, @GaryGensler created a regime where tokens that give investors clear indication of what their rights are and where their revenue comes from is a "security", but obfuscated "governance tokens" are potentially in the clear.
... 8 replies
34 recasts
210 reactions
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
18 replies
13 recasts
16 reactions
14 replies
6 recasts
12 reactions
2 replies
4 recasts
10 reactions
84 replies
70 recasts
338 reactions
6 replies
5 recasts
23 reactions
3 replies
1 recast
27 reactions
8 replies
10 recasts
45 reactions
0 reply
0 recast
0 reaction
1 reply
0 recast
3 reactions
0 reply
1 recast
10 reactions
27 replies
7 recasts
52 reactions
5 replies
4 recasts
23 reactions
0 reply
0 recast
0 reaction