@iamthetake
Coinbase acquiring Echo isn’t about growth — it’s about containment.
The company that once promised to “build an open financial system” is now building walls high enough to keep retail inside.
Every cycle, the same story repeats:
decentralization is born in code, monetized by platforms, and owned by whoever has the best lawyers.
Web3 doesn’t kill banks.
It just teaches tech companies how to become them.