he NFTs and crypto-currency market, which has been at half mast for more than a year, continues to plunge on the eve of the end-of-year holidays, in particular with the recent bankruptcy of the FTX company and its consequences.

Those who had entrusted their funds to this hyper-centralized actor lost big and this event is often described as the greatest financial fraud in the history of humanity, surpassing the famous Madoff affair.

As crypto skeptics seize on this painful news to predict the death of cryptocurrencies and as regulators see it as an opportunity to step up control of this new space of freedom that eludes them, it can be said: “ it smells of crypto-fir”.
Still, crypto artists have a different point of view.

The centralization of which the bankruptcy of FTX is the symbol, like the excessive regulation which is likely to result from it, are the opposite of the values ​​which they and they defend. The burial of crypto-currencies, meanwhile, has been announced too often to be credible.

Crypto-artists therefore express a double message here: by practicing self-mockery about the deadly excesses and drifts of the space in which they and they evolve, they and they subtly criticize centralized systems and surveillance capitalism for which, indeed... “it smells of fir”!