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A comment on Tech experts urge Washington to resist crypto industry’s influence. Parent comment
using defi to minimize tax burden is neither a scam nor unethical. plenty of people borrow against their houses or stocks.
> nfts are dominated by stolen pieces
most nft volume is made of bored ape yacht club, moonbirds, doodles, and similar properly licensed pieces.
> smart contracts don't replace legal contracts
right, they allow you to transact trustlessly for defi and nfts.
> stablecoins [should require] bank charter
https://www.bloomberg.com/news/articles/2022-04-13/circle-ba...
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using defi to minimize tax burden is neither a scam nor unethical. plenty of people borrow against their houses or stocks.
> nfts are dominated by stolen pieces
most nft volume is made of bored ape yacht club, moonbirds, doodles, and similar properly licensed pieces.
> smart contracts don't replace legal contracts
right, they allow you to transact trustlessly for defi and nfts.
> stablecoins [should require] bank charter
https://www.bloomberg.com/news/articles/2022-04-13/circle-ba...