Do we want to poison the traditional (and critical!) financial system and its stability by merging it with 'crypto' via State regulations? For the moment: "Since crypto isn’t integrated with the traditional financial system, the pain has not spread to those who chose not to invest in crypto in the first place." Once you do this, there may be no way back. Beware of techno-destabilisation. #cryptocurrencies #crypto #ftx https://www.ft.com/content/3ae0bf36-24f5-44ff-8301-c90193ee3e2d
@LukaszOlejnik
I agree.
Until the crypto market operates independently under strong regulatory environment for at least 5 years, it should not be merged into the regular market.
Regulators, major movers and individual traders need to show some stability. To date it is unknown if the majority of crypto instability is due to irrational actors, lack of common rules, unreliable information - or all three.
