mikeolson,
@mikeolson@mastodon.social avatar

@molly0xfff is one of my favorite cryptocurrency reporters -- insightful, timely and an excellent writer. Her new piece in Bloomberg is typically great:

https://www.bloomberg.com/news/features/2024-05-02/crypto-is-anything-but-strong-right-now?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTcxNDY2MzU0MSwiZXhwIjoxNzE1MjY4MzQxLCJhcnRpY2xlSWQiOiJTQ1VQMFREV1JHRzAwMCIsImJjb25uZWN0SWQiOiJBNUFCQzU4QkE0OEQ0RTQwQTVFNTYyRUVFMENFQThFNiJ9.J71mUeP37p8CUytI8s_WntmxxdzdrjkId4KBPBbeG3Q

(Long URL because it's a gift link with a seven-day fuse.)

Much of it is quotable, but I'll just pull this out:

"Crypto firms and their lobbyists love to threaten that a crackdown on the industry would stifle innovation. But what innovation has the sector produced?"

Indeed.

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