The following is a guest post by Tim Delhaes, CEO & Co-founder of Grindery.
The mood in crypto has shifted.
For some, it’s full-blown nihilism—Web3 has become a rigged casino, an insider’s game where those with the right connections print wealth at the expense of everyone else. The LIBRA scandal laid bare what many suspected but few could prove: a coordinated playbook where hype, exclusivity, and controlled liquidity create a mirage of opportunity, only for insiders to cash out at the peak, leaving retail investors with dust. The recent Bybit hack only reinforced the sense of disillusionment—security failures, insider games, and extractive behavior seem to define the space more than innovation ever did.
For others, this is the wake-up call we needed. The illusion has been shattered, but the mission remains. Now that the mechanics of these schemes are exposed, we have a choice: continue down the same road, rewarding short-term speculation, or take a hard look at the systems
We współpracy z: https://cryptoslate.com/the-libra-playbook-how-centralized-power-hijacks-web3s-future/
