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A comment on “But the SEC let us go public” and other flawed arguments in Coinbase's defense. Parent comment

Re:“But the SEC let us go public” and other flawed arguments... by crazygringo on Monday June 12, 2023 @07:32PM (#36302932)
I was taken aback at first as well but then I realized I was misunderstanding the point.

The article isn't saying crypto is harmful like heroin at all -- it's just using heroin as an arbitrary example of something illegal. It's clear to everyone that selling heroin is illegal, in a way that e.g. insider trading perhaps isn't.

So it's not alarmist nonsense, it's just a vivid analogy.

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Re:“But the SEC let us go public” and other flawed arguments... by Ensorceled on Tuesday June 13, 2023 @11:50AM (#36312056)
> So it's not alarmist nonsense, it's just a vivid analogy.

And, given this discussion, it vividly illustrates the point.

The number of people who literally can't entertain even the vague possibility that Coinbase might be doing something illegal (as in illegal like heroin) and thus can ONLY interpret the analogy as Coinbase is bad (as in bad like heroin).

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