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A comment on Former US SEC attorney: 'Get out of crypto platforms now'. Parent comment
The claim is that BTC surely isn't fraud because the chain is public knowledge.
This is irrelevant, because the vast majority of data is bullshit.
The gold market has been manipulated to and fro, even with regulations.
The idea that BTC isn't manipulated to oblivion JUST BECAUSE there's a public ledger (missing 99.99% of the data) is naive.
The claim is that BTC surely isn't fraud because the chain is public knowledge.
This is irrelevant, because the vast majority of data is bullshit.
The gold market has been manipulated to and fro, even with regulations.
The idea that BTC isn't manipulated to oblivion JUST BECAUSE there's a public ledger (missing 99.99% of the data) is naive.