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🌀 Crypto: From Revolution to Swamp What was once a bold vision of financial freedom has, according to The Economist, become the ultimate political swamp asset. In its latest cover story, the magazine argues that crypto has evolved from a tool of decentralization into a platform for self-dealing, influence peddling, and elite enrichment. 🔎 Key takeaways from the article: • The crypto world, once anti-establishment, is now deeply entangled in political games. • “The most egregious political self-dealing doesn’t happen in airports anymore — it happens on blockchains worth trillions.” • Memecoins and DeFi protocols are increasingly used as vehicles for opaque deals, not innovation. 🌐 Why it matters: • Political figures and insiders are leveraging crypto for influence and wealth — far from its original ethos. • The promise of transparency and autonomy is being replaced with backroom deals and centralized manipulation.
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