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www.wheresyoured.at | ||
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fintechdystopia.com
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| | | | | [AI summary] The text provides an in-depth analysis of the financial system, focusing on the 2008 crisis and the subsequent rise of fintech. It highlights how the crisis was fueled by complex financial products and regulatory evasion, leading to a loss of public trust. The text then explores the emergence of fintech, driven by venture capital and Silicon Valley's approach to innovation, which often prioritizes rapid growth over compliance. While fintech promises solutions like financial inclusion and efficiency, the author critiques these claims as overly optimistic and potentially harmful, emphasizing the need for regulation and caution in the face of technological hype. | |
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jacobin.com
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| | | | | The Trump White House has helped install the ticking time bomb that is cryptocurrency directly into our economy. When it blows up, the damage will be catastrophic. | |
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unlimitedhangout.com
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| | | | | While often pitched as decentralized, the key infrastructure upholding consensus on Ethereum has been dollarized by stablecoin issuers. These same entities, in addition to the currency speculators behind Block.One, were willing partners in the set up and take down of Terra-LUNA and FTX. | |
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bennettftomlin.com
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| | | Bitfinex and Tether are two of the most important companies in the cryptocurrency ecosystem with complex and interconnected histories that matter deeply to understanding the industry. | ||
