21min chapter

Bankless cover image

151 - Why Are We Here? with Erik Voorhees

Bankless

CHAPTER

Navigating Power and Decentralization in Crypto

This chapter explores the intricate relationship between market volatility, regulation, and the need for decentralization in the cryptocurrency industry. It discusses the emotional impact of financial losses on retail investors while advocating for innovation and cautioning against complacency in the face of government regulation. Additionally, the chapter addresses historical lessons on the balance between centralization and decentralization, emphasizing the importance of individual empowerment and systems that promote voluntary participation in societal structures.

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