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A comment on CEO of a top Bitcoin exchange warns: crackdown on cryptocurrencies may be coming. Parent comment

Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by throwaway6734 on Monday April 12, 2021 @02:42PM (#26783340)
>Whatever your stance on cryptocurrencies are, what is of little dispute is the business opportunities they have created. Binance and Coinbase are large, successful companies.

What business opportunities have been created outside of the crypto space?

> i feel nations who embrace cryptocurrencies early will see mixed results as the landscape matures.

They may also leave themselves open to these currencies being manipulated by foreign mal-actors

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Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by jayd16 on Monday April 12, 2021 @03:54PM (#26784317)
>What business opportunities have been created outside of the crypto space?

They're probably just talking about all the pickaxe selling. NFTs are possibly an answer if you assume good faith and not just speculation.

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Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by ac29 on Monday April 12, 2021 @04:47PM (#26784968)
NFTs are not "outside of the crypto space".
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Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by prox on Monday April 12, 2021 @02:45PM (#26783389)
Indeed, not an expert... but what is a state actor stopping form putting extraordinary resources (say NSA for instance) in mining and minting to gain an advantage? And how bad is that?
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Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by throwaway6734 on Monday April 12, 2021 @03:00PM (#26783601)
It wouldn't even need to be just mining. I'm assuming there have to be at least a few zero days present on the asics at large miners. Just mucking up the network enough to scare enough people to panic sell could cause massive chaos.
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