The DeFi Farce: How Crypto Rebuilt the Very System It Vowed to Destroy
Let’s be brutally honest: the libertarian, anarchic dream of cryptocurrency is officially dead. The grand vision of a world without banks, a peer-to-peer utopia, has been quietly suffocated and replaced by a system where the new kings are exchange CEOs, Silicon Valley venture capitalists, and follower-rich influencers. Instead of freeing the common person, DeFi has simply created a new elite—one that is more ruthless, less accountable, and far more volatile than the old one.
Published Sep 23, 2025
Content locked
Support the creator and get instant access to this premium content. Your purchase is secure and processed instantly using Nano.
Behind the paywall
3 min read410 words
Ӿ0.5 XNO ≈ $0.31 USD