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When did it become ok in peoples eyes to allow the 1% to control and influence cryptocurrencies?

All Cryptocurrencies

by COINS NEWS 306 Views

I am pretty certain one of the main drivers behind cryptocurrencies was so that the financial system would be placed back into the hands of the ordinary person and not controlled and influenced by the top 1%. Why is it now ok that someone of the 1% can now be the influencer and spokesperson (and even manipulate devs) to do what they want with it?

There is something fundamentally wrong with present day crypto if this is the new norm.

What happened to the anonymous - that now requires more identification than you would to open a bank account.

What happened to the peer to peer - that now goes through middlemen exchanges who "own" your wallets.

What happened to cypherpunks? The dreamers? The ones who want to change the world to make it better and especially the ones who believe in the technology and not looking to "buy" only because you think someone else will buy it from you for more than what you paid for it?

We need to go back to the roots. It's time to awaken the sleepy cypherpunks from their slumber and give them back the ink they had once lost, so that they can form a new world.

submitted by /u/spritefire
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