Is Andre Cronje back? After an abrupt exit from the space, the Yearn founder had some cryptic words about his return to the blockchain industry.
his lamentations of crypto culture as he called for increased regulation and legislation in the industry.about the fate of all the applications and services they had built, they offered no other details as to their personal motivations. They even proceeded to deactivate their Twitter accounts on March 6. Now, readers of Cronje's words can surmise that these two partners were going through some sort of ethical crisis. The opening and closing refrain,"Crypto is dead.
The top highlight in the post is the phrase:"Crypto culture has strangled crypto ethos." According to Cronje, he has a"disdain" of crypto culture, but a"love" for crypto ethos. He explained that the culture, which prioritizes"wealth, entitlement, enrichment and ego" has suppressed the principles of"self-sovereign rights, self custody and self empowerment.
His proposed solution for this"new age" of the blockchain economy is regulation. Using the analogy of a parent trying to protect his or her child, Cronje believes that legislation is the best way to stop the crypto community from sticking its fingers into an electric outlet."One day they will understand, but not today," he said.
Cronje concluded his post with a more optimistic tone where he expressed his excitement for a future"driven by trust, not trustlessness" nor greed. He mentioned he has"come full circle," which likely indicates his return to the space. According to Cronje's LinkedIn profile, he currently operates SegWit Holdings, an investment banking platform.
andre cronje with the gigagrift walking away with over *1 billion dollars* generated from crypto and then exits the space, rails against “get rich quick mentalities” and advocates for strict regulations and then founds an investment banking company
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ex-DeFi Developer Andre Cronje Breaks Silence and Says Crypto Regulation is 'Necessary' | CoinMarketCapEx-DeFi developer Andre Cronje says he believes crypto regulation is necessary 👀 In a blog post, he attacked the greed in crypto and said many projects are built by people who read Wikipedia articles on complex things and think they can do them better 😱
Leer más »
Andre Cronje Breaks the Silence After Going Dark in MarchAndre Cronje broke the silence for the first time since he shut down his Twitter account.
Leer más »
Ex-DeFi Developer Andre Cronje Breaks Silence and Says Crypto Regulation is 'Necessary' | CoinMarketCapEx-DeFi developer Andre Cronje says he believes crypto regulation is necessary 👀 In a blog post, he attacked the greed in crypto and said many projects are built by people who read Wikipedia articles on complex things and think they can do them better 😱
Leer más »
Andre Cronje Breaks the Silence After Going Dark in MarchAndre Cronje broke the silence for the first time since he shut down his Twitter account.
Leer más »
Epic Games raises $2B for Metaverse, Mastercard scales NFT plans and Ripple scores big win against SEC: Hodler’s Digest, April 10-16Ripple Labs has scored a huge win against the SEC, Coinbase halted crypto payments services in India and crypto regulation is set for Brazil.
Leer más »
Oakland A’s place six players on COVID-19 list ahead of home opener at ColiseumThe A’s will be without their closer and several other key players at Monday’s home opener.
Leer más »