Re:Crypto leads to surge in online scams
by AlexandrB on Thursday January 27, 2022 @05:00PM
(#30107403)
This is true about any asset that's not undergoing hyperinflation itself including stocks, bonds, commodities, real-estate, and foreign currencies. What's special about cryptocurrencies in this regard?
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Re:Crypto leads to surge in online scams
by floren on Thursday January 27, 2022 @05:15PM
(#30107670)
The answer is usually "well, I happen to own cryptocurrencies, but not those other things you're suggesting"
Re:Crypto leads to surge in online scams
by danuker on Saturday January 29, 2022 @12:36AM
(#30124056)
The ease of sending it.
Stocks and bonds are not bearer assets, so you have to sell them before spending them.
Commodities are inconvenient to carry (though in some cases maybe more convenient than wheelbarrowing cash).
Real-estate is much less liquid, you can't sell or spend 0.01% of an apartment.
Re:Crypto leads to surge in online scams
by masegod on Thursday January 27, 2022 @05:23PM
(#30107771)
the supply of bitcoin is mathematically guaranteed, also much harder to steal
Re:Crypto leads to surge in online scams
by bradjohnson on Thursday January 27, 2022 @05:27PM
(#30107829)
> much harder to steal
This is objectively false given that the article is about how easy it is to scam people out of their bitcoins.