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A comment on In Response to My first impressions of Web3. Parent comment

Re:In Response to My first impressions of Web3 by eqmvii on Saturday January 08, 2022 @07:13AM (#29850940)
Hey, I’m sure plenty of people are buying NFTs with their own money, too. Nice trick to take $X and turn it into 0.98$X and an asset “worth” 0.98$X.
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Re:In Response to My first impressions of Web3 by riffraff on Saturday January 08, 2022 @09:12AM (#29851833)
The thing goes deeper: this gives you a big opportunity to launder money. It's the same with art, but at least in the art world there are some regulations.
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Re:In Response to My first impressions of Web3 by samatman on Saturday January 08, 2022 @09:21AM (#29851891)
If you consider the Free Port of Liechtenstein a regulation then ok, sure.
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Re:In Response to My first impressions of Web3 by reaperducer on Saturday January 08, 2022 @11:23AM (#29853114)
Which is probably why he wrote "some regulations," not "completely and entirely 100% perfectly regulated."
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Re:In Response to My first impressions of Web3 by rtkwe on Saturday January 08, 2022 @11:47AM (#29853395)
The wild thing is going to be the moment the IRS comes around and starts asking people about their sales and it turns out many of the huge sales are wash trades inflating the value of tokens.
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Re:In Response to My first impressions of Web3 by jakear on Saturday January 08, 2022 @01:08PM (#29854341)
It won’t be that wild because we won’t know about it.
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Re:In Response to My first impressions of Web3 by rtkwe on Monday January 10, 2022 @01:44PM (#29879508)
We'll see the after effects of the change though and I doubt the community will stay completely quiet about it.
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