A survey of headlines from the past couple of years in the cryptocurrency industry might lead anyone to believe that it is a deeply unserious business.
Hackers made off with billions of dollars, and scammers billions more. Regulators sued some of the largest crypto exchanges. High-profile businesses fell into bankruptcy. Crypto banks collapsed. Risky experimentation led to disaster. Founders were convicted of fraud. A Colorado pastor was even charged with perpetrating a million-dollar scam, so he claimed, at God’s instruction.
Blockchain, the ledger technology underpinning cryptocurrencies, now looks untrustworthy by association, as do claims that it can remodel industries like social
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