Crypto industry spent a decade fighting TradFi.
Then we invited it in, called it “institutional adoption,” and handed it the steering wheel. Nobody asks what it did to the foundations of crypto.

If the old gatekeepers now own the rails, then what exactly is decentralized?

This piece takes a calm look at how the revolution got absorbed, and what comes next.

Full read: https://blog.humanode.io/the-revolution-that-sold-its-soul/