CEO of a top Bitcoin exchange warns: crackdown on cryptocurrencies may be coming

Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by knorker on Monday April 12, 2021 @04:34PM (#26784816)

Beany babies spawned a lot of successful business, but you absolutely cannot from derive that they were fit for purpose, or in any way useful.

You're cargo culting.

They're still a solution in search of a problem, backed by tech people who think they understand what they are trying to replace.

Once you understand the fence you can tear it down, but cryptonerds really really don't understand law (they think smart contracts solve a problem) or economics.

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Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by jdgoesmarching on Monday April 12, 2021 @04:48PM (#26784974)

There are few things more annoying than hearing a crypto cultist talk about economics. It’s like a plumber lecturing me about database architecture based on their Excel experience.

Ironically people who actually work as blockchain devs are very chill about it.

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Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by arisAlexis on Monday April 12, 2021 @04:44PM (#26784920)

Could you pay federal taxes in beanie babies? I think not

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Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by knorker on Thursday April 15, 2021 @04:54AM (#26817880)

I don't know if that was meant to be sarcasm, or some sort of slam dunk argument, or what?

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Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by conanbatt on Monday April 12, 2021 @11:33PM (#26787856)

12 year old beanie babies with one of the most accessible financial assets in the world with returns of over 60.000x

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Re:CEO of a top Bitcoin exchange warns: crackdown on cryptoc... by knorker on Tuesday April 13, 2021 @03:30AM (#26789163)

You missed the whole point there, bud.

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