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A comment on Is This the End of Crypto?. Parent comment

Re:Is This the End of Crypto? by pessimizer on Thursday November 17, 2022 @12:31PM (#33642414)
And by definition, a Ponzi must continue to expand, and expand quickly. Regulators are literally waiting until cyrpto completely runs out of possible new customers to intervene. The government is maximizing the damage that crypto does.

Thank god we haven't gotten to crypto for kids yet, but crypto bonuses on credit cards is getting very close.

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Re:Is This the End of Crypto? by bombcar on Thursday November 17, 2022 @12:47PM (#33642708)
The government moves very slowly and basically waits until the problem is over before regulating it.
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Re:Is This the End of Crypto? by Ferret7446 on Thursday November 17, 2022 @02:47PM (#33644553)
As it should. The problem with government is that it lacks perfect knowledge, which would only be exacerbated by acting too early.
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Re:Is This the End of Crypto? by majewsky on Thursday November 17, 2022 @03:25PM (#33645134)
> The problem with entities is that they lack perfect knowledge, which would only be exacerbated by acting too early.

FTFY. Nothing about this is exclusive to governments.

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Re:Is This the End of Crypto? by hda2 on Friday November 18, 2022 @12:01AM (#33650574)
That's a very good thing.
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