Why Cryptocurrency Faces Serious Ethical Challenges and Corruption – BitRss

Cryptocurrencies have gradually opened up to institutional investors, leading to a surge in demand following last year’s ETF approval. Additionally, Trump took office as the first president supportive of cryptocurrencies, resulting in significant market increases. However, there is a critical issue at play.

The Decline of Cryptocurrencies

Bitcoin $85,216 was introduced to the world with a specific philosophy by Nakamoto. Today, cryptocurrencies have largely deviated from their original purpose, overshadowed by global regulations and banking norms. Vitalik Buterin even indicated the possibility of distancing himself from Ethereum $2,101, stating that most investors are indifferent to its ethical values and philosophy.