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Wally

Crypto is amazing as it gets away from the corrupt FIAt currency and centralised banks and regulation.

Turns into:

I lost all my money on crypto and the government should regulate it

You can’t have it both ways.

    If the gov can tax it, it can also be regulated in a sensible manner that works for the decentralised aims.

    Regulation and decentralisation are not mutually exclusive.

    zackster probably the most ironic statement going as of course fiat currencies are not used for any criminal activity or corruption.

    Oh wait, 99% of it is!! Damn that 1% who buy drugs with crypto, they are the real problem.

      Anyone buying drugs with crypto is being extremely rash as well. The technical innovation created by assets such as Bitcoin provide a decentralised immutable ledger, which means all transactions are stored on the blockchain forever and cannot be changed. You can easily be linked to these transactions if investigated and AI is already doing the hard work for the security services, linking IPs to wallets for example.

      Maybe people should stick to that age old anonymous payment system of cash if they want to stay squeaky clean. Good old fiat!

        Hursty
        I was thinking about opening a crypto account a few weeks ago and to do it I needed to upload a photo of myself. I didn’t to it in the end

          So interest payments on UK debt was £7.6 Billion last month alone!

          Absolutely staggering amount of currency being wasted on a broken economic system which has over £2 trillion of debt!

          Luckily there is another way which ensures governments and companies cannot cook the books as they see fit and that is distributed ledger technology, immutable transactions, no double spends.

            Hursty Luckily there is another way which ensures governments and companies cannot cook the books as they see fit and that is distributed ledger technology, immutable transactions, no double spends.

            Which is precisely why they’ll resist it to the death

              Hursty Luckily there is another way which ensures governments and companies cannot cook the books as they see fit and that is distributed ledger technology, immutable transactions, no double spends.

              Hursty, with all respect, I don’t think you know how high interest rates would go if currency couldn’t be printed at will.

              And with high interest rates comes cratered investment and consumer spending… and a fucked economy.

                Yes, I’m a neo-Keynesian. COME AT ME!

                Do you drive a FIAT Panda as well Dave?

                Good chance Hursty would have joined NXIVM if he lived in the states.

                Just got a message from Binance telling me this. VOM.

                Anyone want 2.5m soiled Shibu?

                The shots of ape fest absolutely rip. Love it!