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- The fall of FTX in 2022 provides important lessons for the future of digital currencies, as the industry shifts towards regulation, transparency, and consumer protections.
- The return to normalcy in the economy marks the end of a period of magical thinking and highlights the need to strike a balance between overheating and natural asset prices.
Deep dives
The impact of FTX's fall on the future of digital currencies
Young Me discusses the fall of FTX, highlighting the positive aspects it brings to the future of digital currencies. This early implosion allows the industry to learn important lessons and shape the evolution of the crypto space. The shift in mindset towards regulation, transparency, and consumer protections is a significant outcome that can contribute to the long-term robustness of the cryptocurrency ecosystem.
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