Yesterday was the 7th anniversary of the BTC flash crash on Mt. Gox, where the price fell from $17/BTC to below $1/BTC. At that time, millions of dollars of BTC traded per day and one exchange handled 99% of trading volume. There's now billions of dollars of trading per day on many exchanges globally and the BTC price is up 6700X+ from that time; the space has come a long way in 7 years. But there continues to be no shortage of drama, with another crypto exchange hack, a mainnet freeze arising shortly after the EOS launch and a Tezos KYC surprise among other things occurring in the past week.Amid the drama, here are some thoughtful pieces recently put out by members of the community.
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The Control - Issue #36
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Yesterday was the 7th anniversary of the BTC flash crash on Mt. Gox, where the price fell from $17/BTC to below $1/BTC. At that time, millions of dollars of BTC traded per day and one exchange handled 99% of trading volume. There's now billions of dollars of trading per day on many exchanges globally and the BTC price is up 6700X+ from that time; the space has come a long way in 7 years. But there continues to be no shortage of drama, with another crypto exchange hack, a mainnet freeze arising shortly after the EOS launch and a Tezos KYC surprise among other things occurring in the past week.Amid the drama, here are some thoughtful pieces recently put out by members of the community.