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Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist

Published 12/02/2022, 11:35 AM
Updated 12/02/2022, 01:20 PM
© Reuters

The downfall of FTX and a number of other CeFi platforms in 2022 has reinforced a Bitcoin maximalist narrative, according to which most of the crypto ecosystem will eventually collapse due to its centralization.

Jeff Booth, Bitcoin proponent and author of "The Price of Tomorrow", believes centralized crypto platforms such as FTX and Celsius have ended up replicating the traditional financial system with all its inherent flaws.

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