Re:Let Crypto Burn
by esalman on Sunday November 20, 2022 @01:37PM
(#33683804)
In exchange can we trust you to not scam those with little understanding of crypto?
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Re:Let Crypto Burn
by monero-xmr on Sunday November 20, 2022 @01:41PM
(#33683836)
I have never scammed anyone. Just as there are scams in traditional finance (see Wolf of Wall Street, Nikola, Enron) there are scams in crypto. At this point far more in crypto however.
I think people need to know that no one is going to help them - caveat emptor. If the goal of crypto is to rebuild finance, eliminating taxpayer funded bailouts is a top priority.
No one said these in any of the tens of crypto ads aired during superbowl.
Because ad industry is equally full of scam?
I guess even someone with most hardcore anti-regulation views would most likely approve of (and quite likely, support) education, including being upfront about all the unsavvy bits and dangers.
They should have. Want to help fund an ad to educate the public?
No. I pay taxes and it is government's job to stop scams at this scale. Whether the government works effectively or not is a different debate.
> I pay taxes and it is government's job to stop scams at this scale
Are you of the opinion that the government should have blocked the superbowl ads?
Certain products are banned from advertising already, my opinion does not matter here.
Re:Let Crypto Burn
by anonporridge on Sunday November 20, 2022 @01:53PM
(#33683946)
That's because the non scammers don't have any incentive to run superbowl ads, because we're not running casinos.
The information is freely available to anyone. Sadly, it's always hard to separate the signal from the noise, especially when the herd and the wolves arrive.