Quote:
Originally Posted by Enoch Root
Financial exchanges require more than simply a set of laws to punish the criminals. They require stability and transparency, in order for participants to interact with confidence, and that only comes from regulation. All exchanges and financial systems require, and and backboned by, regulation.
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Yes, the ones a country needs to function, no one needs crypto so who gives a hoot if it is a steaming cesspool of theft?? buyer beware, it doesnt matter if crypto is useless, it doesnt affect the economy at all, we all know time share condos are a rip off as are payday loans so what? it costs money, vast sums of money to regulate (which really means insure) banks, no way do I want my taxes wasted on insuring crypto