© Reuters.
The downfall of FTX and a number of other centralized finance platforms in 2022 reinforces the narrative that most of the crypto ecosystem will eventually collapse due to its centralization, with the exception of (BTC) — at least according to Jeff Booth, a Bitcoin proponent and the author of The Price of Tomorrow.
Booth believes centralized crypto platforms such as FTX and Celsius have simply replicated the traditional financial system with all its inherent flaws.
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