Crypto’s Broken Promise ■
Once hailed as the future of money, cryptocurrency was supposed to decentralize power, democratize finance, and free the world from traditional banking. Instead, it delivered volatility, speculation, and a trail of broken trust.
What began as a bold alternative to centralized systems quickly morphed into a high-risk casino. Prices soared not on real-world adoption, but on hype, influencers, and fear of missing out. For everyday users, crypto proved too unstable to spend, too complex to trust, and too risky to rely on.
The collapse of major exchanges, endless scams, and multi-billion-dollar hacks exposed a harsh reality: decentralization without accountability doesn’t create freedom—it creates chaos. Meanwhile, governments and regulators stepped in, not to destroy crypto, but to contain the damage it left behind.
Even blockchain’s biggest advocates have shifted tone. Banks now cherry-pick the technology while rejecting the ideology. Central banks explore digital currencies that look nothing like the crypto revolution once promised
