Right now, crypto is in a tough spot.
On the one hand, there is a horrific user-experience, millions of dollars worth of hacks, scalability issues, and confusing security models.
On the other hand, the SEC and the anti-crypto forces in government and finance are on the offensive and feeling empowered, as Former Chief, SEC Office of Enforcement, John Reed Stark tweeted:
https://twitter.com/JohnReedStark/status/1631828255933169666
We’re solidly in Phase 2 of Schopenhauer’s 3 Phases.
Gradually, then suddenly.
