On The Brink with Castle Island cover image

Weekly Roundup 05/13/22 (Terra collapses, FASB reconsiders Bitcoin accounting, the Fed's third mandate) (EP.318)

On The Brink with Castle Island

CHAPTER

Is the Terror Block Chain Just Dead?

Block chain was meant to be the most centralized algrotmic stable coin. The revealed actions of the terror leadership, which i think can be critical of, it demonstrates a total centralization. So not only do we have collapsed sort of an application level, but that collapse now trickled down into the protocol. I mean, to me, this discredits a lot of the narratives around l ones that were very popular in 20 21.

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