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What's the difference between Wash Trading of a company and money printing + fake (e.g. construction) projects by a government? A little sad to see that all th
by erikb 9y ago
What's the difference between Wash Trading of a company and money printing + fake (e.g. construction) projects by a government?
A little sad to see that all the banking problems are still existing with Bitcoin as well.
- ivoras 9y agoIts human nature to create similar behaviours in similar conditions. Early Bitcoin anarchists who thought that they will be able to avoid "banks and governments manipulating with the money" must be really bitter to find out that manipulation is always going on, the entities in the Bitcoin world are just named different from "banks" and "governments". If there's a competitive advantage for screwing someone over, there will be screwing over.
- wuliwong 9y agoHow I see the basic difference is, you have a choice to use Bitfinex or not. If there is an exchange that really finds a way to reduce this behavior then it would be very attractive to consumers. If the federal government and their regulators are the ones that are corrupt and doing the manipulations, there is no other choice.