With the recent announcement that high profile DeFi founders/devs are choosing to “terminate” over 25 projects and causing the prices to crash by double digit numbers, it just shows how ahead of time Satoshi Nakamoto was.
The whole basis for crypto is that it shouldn’t rely on any third parties. Satoshi understood this and that’s why he did everything he could to not have Bitcoin associated with any one person.
”What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.”
Investors always look to those behind the projects for confidence. But with no authority figure, Bitcoin is the most decentralised coin in crypto. It’s just more proof for how much of a genius Satoshi really was.
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