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submitted 1 year ago by tardigrada@beehaw.org to c/news@beehaw.org

Chris Maurice, founder and CEO of Yellow Card, Africa’s largest cryptocurrency exchange, says crypto in Africa “is growing at the speed of light” because it allows many Africans to escape from the traditional financial system’s failures and transact more freely.

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[-] fulano@lemmy.eco.br 1 points 1 year ago

As interesting as the technology is, it was extremely overhyped and attracted the worst kind of people, who only wanted to gret rich quick".

The amount of crypto projects today is absurd. The scalability problems aren't solved yet, but people keep pushing their "revolutionary" coins.

We reached a state where even technology enthusiasts and the ones who like the idea of decentralized money became weary of the blockchain environment.

this post was submitted on 01 Jul 2023
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