crypto
Aidan Saggers, Lukas Alemu and Irina Mnohoghitnei Decentralised Finance (DeFi) may seem a tempting option for those seeking financial gain, autonomy, and self-governance… But how safe is a world in which ‘code is law’? Closer inspection reveals an ecosystem experiencing several hacks, attacks, and fraud. Estimates show at least US$6.5 billion has been stolen since … Continue reading Flash loans, flash attacks, and the future of DeFi
Is Crypto Really Going To Crash? (Yes)
Crypto is going to crash and could take your savings with it.
Does Elon Musk Have a Right to Destroy Twitter?
You break it, you own it. That’s what I was told as a child. But for today’s billionaires, it seems like the opposite is true.
“You own it, you can break it” — at least if you’re rich enough.
Just look at Elon Musk.
An important area of concern among many cryptocurrency proponents revolves around the idea that the current banking and government finance systems are inherently unstable or inflationary. Ultimately all finance is about debits and credits, assets and liabilities. How would total adoption of crypto by a country change these?