Crypto's Wild West
The current state of the crypto market resembles the lawless chaos of the Wild West, with rampant manipulation and a lack of governance. Exchanges, especially those based overseas, are often playgrounds for high frequency trading firms that exploit the system. This environment echoes the 19th-century practice of private money issuance, where corporations wield significant power over their own currencies, raising concerns about trust and fairness in the market.In this clip
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