- November 16, 2022
You may have heard something this week about what appeared to be the crypto apocalypse, (and the millennial founder of a massive cryptocurrency exchange as one of the four horsemen). Sam Bankman-Fried (SBF) has fled the US following a total meltdown of his platform FTX, and is in custody in the Bahamas. $10 Billion (with a B) in user funds have been wiped from the slate. Whispers of political corruption, money laundering, and worse have been making the rounds on every social media platform.
The US government is stepping in, and we are witnessing the dawning of a new age of digital currency. This Enron-level catastrophe might be the canary in the coalmine – or it could signal a radical shift in public awareness and understanding. We’re talking about Decentralization, of course – and this might sound familiar to you. We’ve covered the broad strokes in past issues, and now we see an opportunity to give you a little more context.
Before we dive in, there’s a silver lining to this thundercloud: the first-ever member of Gen Z is making his way to congress. This means that the generation that will be most affected by these radical changes is already stepping up to do their part.