"Crypto has this conceit of an alternate currency, decentralized, away from the central banks. 

But also the crypto companies, and crypto protocols: you could do those from anywhere. You could do them outside the U.S. You could do them from Miami" - Peter Thiel

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

That’s why they’ll do everything they can to scare people away from crypto. Once it’s clear that banks are becoming obsolete, we could witness the biggest economic crash in history. 

But before that utopia arrives, banks will likely make a strong move, offering “all crypto in your wallet” services through things like Apple Pay payments, while making self-custody wallets illegal.

And government doesn't want that for you to have freedom of owning your money! They want control:(

This opens the door for a lot of innovation outside of traditional financial systems. However, it also brings up important questions about regulation and the potential risks in the crypto space

peter reminds us that the power of decentralization isn't just in the currency itself, but also in how and where the innovation can happen