Crypto Meltdown Exposes Hollowness of its Libertarian Promise - The Wall Street Journal

Unable to displace the dollar, crypto became just another asset without traditional asset markets’ guardrails.

To its advocates, cryptocurrency is, at its heart, a libertarian project to free mankind from the shackles of governmentmost of all its power to debase a fiat currency by printing more of it. Do Kwon… [+355 chars]

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