Web3 and crypto have been around for more than 10 years, yet the average person still struggles to understand how they actually work. Crypto promised anonymity, cheap transactions, decentralization and easy cross-border movement of money. Today, regulation is introducing KYC, transaction monitoring and greater cooperation with law enforcement. At what point does crypto simply become traditional finance with more complicated vocabulary? Early investors made fortunes, while many who entered later
0:38
Web3 and crypto have been around for more than 10 years, yet the average person still struggles to understand how they actually work. Crypto promised anonymity, cheap transactions, decentralization and easy cross-border movement of money. Today, regulation is introducing KYC, transaction monitoring and greater cooperation with law enforcement. At what point does crypto simply become traditional finance with more complicated vocabulary? Early investors made fortunes, while many who entered later
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