'The actions of one have overshadowed the incredible impact that crypto has had on society, and the number of lives that it has saved since its inception,' says thisisPatDuffy TheGivingBlock. Opinion. For crypto2023 presented by bitstamp
advocates from retribution by tyrannical regimes, while creating a fully transparent Bitcoin blockchain that has lived for more than a decade without a single record being altered.
FTX was bad. But crypto is one of the greatest forces for good on the planet. If we allow the narrative to continue on this path, the association fallacy will snowball, systematically erasing any memory of more than a decade’s worth of positive crypto impact. So, what can we do about it?We can start by abandoning this strategy of sticking our heads in the sand and waiting for this to blow over. Talk to anyone in crypto right now and they’re in a holding pattern.
From our side, at The Giving Block we’re going well beyond that, starting “The Crypto is Good Project,” which will focus on compiling data, profiles and reports on the ways in which crypto is a force for good. If you’re in crypto, now is the time to take a little time and build a use case that matters.
If the crypto community seizes this moment to shed light on the bright side of crypto, we’ll put FTX behind us and go back to changing the world. If we don’t, people will continue to look at us and see SBF. That’s our choice right now. I’m hoping more people make the right one.
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