Why cryptocurrencies are the future of money
The collapse of Sam Bankman-Fried’s FTX last week has, like Mt. Gox before it in 2011, or more recently Terraform Labs and perhaps soon Genesis Global, once again sent the price of cryptocurrencies tumbling, and generating much media commentary on the risks involved in being part of the reinvention of money.
What is the future of something as seemingly intangible, poorly regulated and…