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yata69420 | 2 years ago
Well, sure, your business interests will win if you ban competition.
If crypto is useless, it will die organically. If crypto is useful, it will thrive.
Why does the government always need to ban new things? If FTX wasn't a "crypto" scam it would have been some other type of scam.
When TikTok gets shitty, people will stop using that too.
This is supposed to be what makes capitalism strong, and instead we have authoritarians trying to disrupt any threatening innovation.
colesantiago|2 years ago
What is crypto's innovation that hasn't been done before?
Why should we use something more complicated, archaic, full of speculation, scams and a system that is engaged in a destructive mining process that requires burning up the planet to solve useless puzzles, which is even worse than the current system?
saurik|2 years ago
The reality is that people everywhere deserve privacy. It might should be telling that the country I most associate with your authoritarian take on this matter is the very country you (correctly) hold in such contempt: North Korea.