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Reply to "Binance and FTX"
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[quote=Anonymous][quote] Crypto (and associated crap like NFTs) are a major ponzi scheme meant to part a fool from his money. Needs to be regulated so the gullible aren't left holding the bag. [/quote] My concern with regulation here is that it would legitimize crypto as a valid investment choice. This could lead to more Aunt Millies getting screwed out of their life savings because they thought that regulation meant that it would be safe to buy into a highly speculative market. At least now people know that crypto is unregulated and offers zero protections (government or otherwise) to the buyer/owner.[/quote]
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