5min chapter

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Picking up Web3 after FTX

cloud2030

CHAPTER

Cryptocurrency in Blockchain: I'm Just Giving My Money to FTX

When Web 1.0 first came out, everybody was going to run their own servers and at about the same time everyone was running their own exchange,. The result is you had people show up and say, hey, don't do that anymore. I think that's actually what we saw with a lot of the blockchain's cryptocurrency inblockchain.com. But your basic notion is the democratization of data. And what it's shown me is that that level of freedom of democracy only exists in parts of the world that are not First World or Second World.

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