Is Crypto Losing Its Edge? Coinbase and Base Blur the Lines with Traditional Finance
2025-02-12
Cointelegraph.com on MSN.com
The future of cryptocurrency is taking a surprising turn, with platforms like Coinbase and Base adopting more traditional finance models, sparking concerns that crypto is losing its decentralized roots. As the industry evolves, it's becoming increasingly clear that the cypherpunk ethos that defined Bitcoin's early days is giving way to a more mainstream approach, reminiscent of Facebook's abandoned Diem project. With the rise of centralized exchanges and institutional investment, crypto is starting to resemble traditional finance 2.0, raising questions about its long-term impact on the financial landscape and the role of blockchain technology in shaping the future of money and digital assets.
