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21 sats \ 0 replies \ @028559d218 OP 9 Dec \ parent \ on: One year later: so why do people ****coin? bitcoin
That's true...
What I would say however is that there are very objective reasons why Bitcoin is great.
And why 99.9% of 'crypto' is full of scams, unregistered securities as well as insider trading and should be banned/kicked out of Western countries financial systems for good.
The logical conclusion I have is:
Embrace Bitcoin, remove capital gains taxes on it and let the United States create a Bitcoin reserve by selling some or all of its 'gold' reserve. Teach it in the schools if possible.
And ban 'crypto' which is proof-of-air token, ponzi schemes, and securities fraud and sue the companies issuing currencies (for etc Ripple) into oblivion and kick them out of financial systems.
Is that objective? Drinking a bit too much ok. Eating a bit too much OK... but unregistered securities are NOT ok.