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Re:Molly White Tracks Crypto Scams. It’s Going Just Great by JumpCrisscross on Tuesday May 30, 2023 @03:32PM (#36129456)
> Crypto is a complete scam, with no legitimate or legal use case and nothing else to offer anybody

It’s gambling. It should be regulated and taxed like gambling. It shouldn’t be banned, and academic exploration should be unfettered. But anyone making money off it should be monitored by the public and the law, and pay for that oversight.

Re:Molly White Tracks Crypto Scams. It’s Going Just Great by goodpoint on Tuesday May 30, 2023 @03:37PM (#36129512)
It's much worse than that. It's a huge enabler for ransomware and other crimes with a side serving of environmental impact.
Re:Molly White Tracks Crypto Scams. It’s Going Just Great by JumpCrisscross on Tuesday May 30, 2023 @03:47PM (#36129668)
> a huge enabler for ransomware

This is a downside. But I don’t think it’s a crippling one. Tax and regulate the people proximate to it, and the system should net out.