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“Sonnet of Cryptocurrency The reason people are nuts about cryptocurrency, Is that they hear the magic phrase regulation-free. But what they forget to take into account, Is that it also means the user alone bears liability. The purpose behind a centralized system, Is not exploitation but to provide trust and stability. Anything that is decentralized on the other hand, Is a breeding ground for fraud and volatility. Not every fancy innovation is gonna benefit society, Innovation without accountability is only delusion. Cryptocurrency can be a great boon to banking, If it merges with the centralized financial institution. Intoxication of tech is yet another fundamentalism. Algorithm without humanity is digital barbarism.” — Abhijit Naskar
Sonnet of Cryptocurrency
The reason people are nuts about cryptocurrency,
Is that they hear the magic phrase regulation-free.
But what they forget to take into account,
Is that it also means the user alone bears liability.
The purpose behind a centralized system,
Is not exploitation but to provide trust and stability.
Anything that is decentralized on the other hand,
Is a breeding ground for fraud and volatility.
Not every fancy innovation is gonna benefit society,
Innovation without accountability is only delusion.
Cryptocurrency can be a great boon to banking,
If it merges with the centralized financial institution.
Intoxication of tech is yet another fundamentalism.
Algorithm without humanity is digital barbarism.