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oldjim69 | 2 years ago

Ban crypto. Wrap the whole thing up globally. It was a bad idea allowed to run on for too long. Time to stop the music.

discuss

order

suoduandao3|2 years ago

What, and trust the people who have been doing QE for half my life with the soundness of my medium of exchange? The same people who froze the bank accounts of peaceful protestors in my capitol city last year?

I'll abandon crypto when it becomes the second-best alternative to a state-controlled money supply. The shenanigans of the Davos crowd are becoming too weird to do otherwise.

mrkramer|2 years ago

Crypto turned exactly opposite of what Satoshi wanted....he or they wanted transparent, mathematically (cryptographically) proven, decentralized open ledger transactions, not this sh*t show of fraud and anarchy.

jgilias|2 years ago

How do you know what Satoshi wanted? For all we know Satoshi might be Paul Le Roux making a way to move value for his ‘business endeavors’

monero-xmr|2 years ago

Luckily you can’t outlaw math!

Patrol8394|2 years ago

Yes, but in majority of cases you still need some legal entity that can convert crypto to fiat so you can actually buy stuff with real money. Would be enough to forbid that and crypto is pretty much done.

phoe-krk|2 years ago

You can outlaw exchanging math for dollars, though.

quenix|2 years ago

Yeah but you can outlaw specific uses of it. Not saying I agree with it but crypto can definitely be made illegal.

jjtheblunt|2 years ago

i've read countless things you've commented, usually our interests diverge, but this one made me silently think "exactly!". well done!

thriftwy|2 years ago

> globally

There is no longer such thing in 2023.

Try to do anything "globally" and get ridiculed out by China and Russia. Rest of the team being AFK.

That's especially significant in light of pretending there's a "global" climate change fight going on.

ttul|2 years ago

I recall having a conversation in about 2016 with a lawyer who was looking into crypto for potential opportunities. After a thorough analysis, he said, “In a few years, all these people will be in jail.”

He was right.

capableweb|2 years ago

Except it's 2023, and almost no people who've dealt with cryptocurrency is in jail. A few notable exceptions exists, but you don't exactly go to jail for sending 0.1 Bitcoin around.