Day: 29 November 2025

The Centralization Paradox: How Structural Forces Pull Crypto Back to Gatekeepers

Seventeen years after Satoshi Nakamoto’s epoch-defining whitepaper, the industry needs to confront an uncomfortable truth: crypto has so far failed at its central promise.  The vision was to eliminate intermediaries, destroy gatekeepers, and build permissionless systems.  Instead, the industry has recreated the exact power structures it swore to replace, and ...

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