It's not a deflection. I'm saying the whole thing is a disaster. Crypto and NFTs are just the surface and are quite rightly causing people to question the meaning of it all. But if you dig a little deeper you'll find it's just an extension of what's been going on for a long time behind closed doors.
I thoroughly recommend the book Other People's Money by John Kay. In it he reminds us what the actual value of the financial system is and talks about what it has become. Bitcoin was an attempt to get the actual value of cash (just one facets of finance) without paying tax (interest) to the banks.
I thoroughly recommend the book Other People's Money by John Kay. In it he reminds us what the actual value of the financial system is and talks about what it has become. Bitcoin was an attempt to get the actual value of cash (just one facets of finance) without paying tax (interest) to the banks.