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Economists, analysts and big bank CEOs tell us there is nothing to fear because this time is different from 2008. If only it were so simple.
Bitcoin is often lumped in risky assets like growth stocks, high yield debt, high beta ETFs, venture capital, and emerging markets. In fact, it has many hallmarks of a safe haven in a crisis.
It’s not all about the needs of end users. Let's focus on the wants of the developers and dreamers who build crypto infrastructure, says CoinDesk columnist Jill Carlson.
"I have long held that, were cash invented today, it would be dismissed by policymakers, bankers and law enforcement as dystopian, absurd and dangerous."
Decentralized systems forsake scale, speed and cost in favor of one key feature: censorship resistance. Get used to it.
Crypto may have set out to rethink Wall Street, but a decade into the experiment, advisor Jill Carlson isn't convinced the industry has it right.