Re:Thailand bans meme coin and NFT: “no clear objective or s...
by betwixthewires on Thursday June 17, 2021 @02:37PM
(#27542916)
By my own logic we need no new regulation, we have what we need. If something is fraud prosecute it as fraud, which is already illegal.
Re:Thailand bans meme coin and NFT: “no clear objective or s...
by onethought on Friday June 18, 2021 @05:38AM
(#27548780)
Right - so the OP originally stated that government should step in and protect its citizens. Which I agree with.
USDT is fraud. Which is illegal, so you are agreeing. Just you interpreted what they said as “introduce new law” whereas I interpreted it much more literally as public prosecutors should be taking action.
So if we “know” that USDT is a scam, and people are being deliberately misled then we should define it as fraud, or come up with some kind of new regulation. (By your own logic).
So we agree.