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RE: Biden's executive order on crypto regulation a leading factor on mass adoption

in LeoFinance2 years ago

im sure that all the big players in business and politics will find ways to utilise the tech and benefit from it financially and in some cases use it to further cement their power. For this reason Im sure that they will eventually become a major influence if crypto is ever adopted by the masses. Thinking about it, major corporate and political players are probably the only way for mass adoption to happen....
Of course I would be very pleasantly surprised if the decentralised world managed to make itself appealing enough for mass adoption to happen. That would potentially usher in a whole new era of global society. But my fear is that most of the projects out there will not put decentralisation first, and may well succumb to greed and short-sightedness, allowing bigger powers to take more control.
At the moment it feels like each blockchain is its own entire galaxy, with its own planets and its own citizens. I hope that this continues so that anyone can choose what sort of governance to live under. Then maybe we can all be part of the economies which most suit our preferences!

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Big players controlling the crypto space limits smaller investors from achieving much value of what decentralization is offering.

I love the fact we all can choose which blockchain suit us most this i suppose will minimize monopoly from those hijacking the system.