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5 Crypto Things in 2022 that Really Rustled the Jimmies
Year-end retrospectives and lists are good because they’re often fun or they offer a chance for reflection on what happened, giving us clues for a better roadmap for the new year. And then there are some lists that simply steel our collective resolve to do better in the coming year, because what’s on those lists are just so aggravating.
Coindesk rounds up the top 5 things in the crypto space in 2022 that really, really got under the skin, and there’s not a lot of room for disagreement, from the grifters and the gauche to the quasi-deification of Bitcoin and quantifiable degradation of privacy. They start with the obvious and then go from there. (Number five is probably the most important.)
1. The FTX/Alameda/SBF fraud
This is probably the umpteen-millionth time you have read some version of a crypto person being mad about this, but I’m still mad at FTX (for the fraud), the reckless risk-takers (for the flexing) and many Twitter-ers (for the hero worship). I think the fraud speaks for itself. The embezzlement (or whatever it was) at FTX hurt real people. Rubbing salt in the wound: I got to ask FTX founder Sam Bankman-Fried some questions, months before his exchange collapsed, on a CoinDesk TV program, but I failed to touch on anything hard-hitting. We talked about the Super Bowl mostly.