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A comment on SEC asks for emergency order to freeze Binance US assets anywhere in the world. Parent comment

Re:SEC asks for emergency order to freeze Binance US assets ... by ulrashida on Tuesday June 06, 2023 @08:25PM (#36221055)
Counterview: those who made gobs of money who transpose that outcome to "gosh, crypto must be great and I don't know why everyone is bashing it so much".

Lots of older generations felt that way about housing price increases as well -- are they right too?

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Re:SEC asks for emergency order to freeze Binance US assets ... by JumpCrisscross on Tuesday June 06, 2023 @08:51PM (#36221291)
> those who made gobs of money who transpose that outcome to "gosh, crypto must be great and I don't know why everyone is bashing it so much"

Most of us can profit off something while decrying it as dumb. That’s me with crypto. I’ve made a ton of money from it. And I think I did so ethically. But the whole thing is stupid, and I think we have a civic responsibility to ensuring that is understood.

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Re:SEC asks for emergency order to freeze Binance US assets ... by 111111101101 on Tuesday June 06, 2023 @08:58PM (#36221354)
They're right in that, seeing how it turned out, everyone who could have bought a house really should have bought a house. The thing about bitcoin is that EVERYONE could have bought in, either with cash or through mining. You didn't need to save a large deposit or get approved for a loan. It was an opportunity that was right there for everyone.

I regret not investing more or mining. I can only imagine how those who missed the boat completely feel.

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