Lily Liu argues that “permissioned blockchain” is constraining the innate spirit of cryptocurrency, suggesting a need to reclaim its original essence. Liu emphasizes that the fundamental principles of cryptography are being overshadowed by centralized systems. She calls for a return to the foundational ideals that empowered decentralized technologies. According to her, this shift is crucial for preserving the true nature of crypto and ensuring it remains a tool for freedom and innovation. Liu urges the community to resist the trend of centralization, which, in her view, threatens the integrity of cryptographic principles.
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