Bitcoin is a New Paradigm of Stakeholder Capitalism

This is an opinion editorial by Mickey Koss., a West Point graduate with a degree in economics. He spent four years in the Infantry before moving to the Finance Corps.

History may not repeat itself, but it sure rhymes from time to time. As overextended cryptocurrency platforms like Celsius and Three Arrows Capital go bankrupt, a benevolent billionaire steps in to save BlockFi and Voyager. But why? Due to incentives; that’s true, stakeholder capitalism at its best. The virtue of greed comes to life before our eyes.

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