Re:Statement of SEC Regarding Recent Market Volatility
by RurouniK on Friday January 29, 2021 @10:47AM
(#25958459)
Crypto is a technology not a gamble. It attracts gamblers but it's a technology and it's already 12 years old. I could say that an open decentralized permissionless network that has moved trillions of dollars for the last 12 years is resilient enough for me.
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Re:Statement of SEC Regarding Recent Market Volatility
by Raidion on Friday January 29, 2021 @10:59AM
(#25958634)
You could say the exact same thing about the US stock market, except it's moved orders of magnitude more money.
The risk may not be in the same spots as traditional markets, but it's there. Return doesn't come without risk, it comes because of the risk.
Re:Statement of SEC Regarding Recent Market Volatility
by RurouniK on Friday January 29, 2021 @12:59PM
(#25960249)
The US stock market is an institution run by suits not a technology. I mean boomers like you might think that the internet and usps are the same thing because they both move messages around but they are not.