The Bitcoin Bankruptcy
What an irony - the decentralized economy is filing bankruptcy in the centralized world: 'The number of crypto companies filing for bankruptcy protection is increasing as the market dips further. Last week, crypto lender Voyager filed for chapter 11 bankruptcy over volatility and contagion in the crypto markets. “The prolonged volatility and contagion in the crypto markets over the past few months, and the default of Three Arrows Capital (‘3AC’) on a loan from the company’s subsidiary, Voyager Digital, LLC, require us take deliberate and decisive action now”'
Here is the deal - we must not create wealth from the thin air, at least for Africa. Bitcoin should be used as a currency - for buying and selling - and not as an investment asset class as most hodlers use it today. That is why they are corrupting BTC.