Cryptocurrency
Cryptocurrency
Out of context: Reply #677
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- shapesalad1
Crypto is crashing and this year has been nothing but scams being unveiled and houses of cards falling...
It's easy to agree with main stream media reports and public comments about it 'all being a scam'... and to stick to trad-fi.
But... the whole birth and growth of crypto has come about *because* traditional finance is just as much a scam.
High frequency trading, taking the other side of the client, pumps and dumps, penny stock scams...
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The hope here is that crypto, having flushed out the scammers and the cheap capital that helped bolster such scams...
,,, that now the sector can slowly grow and develop, building in it's own self governance, using it's technology to remove the opportunities for scammers.
- A pop is needed like the dotcom bubble burst . agreemicrokorg
- LOL "trad-fi" deals in real assets, while crypto is using monopoly money
Only scammers have it easy with no regulations in cryptografician - Crypto basically re-created all trad-fi's mistakes...doing it for over a decade now.grafician
- the problem isn't the money, or the methods. it's the people.dopepope