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Many in crypto consider Ripple king sh*tcoin and I and many others don't even consider it cryptocurrency. "A defining feature of a cryptocurrency, and arguably
by JohnJamesRambo 9y ago
Many in crypto consider Ripple king sh*tcoin and I and many others don't even consider it cryptocurrency.
"A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation."
- katastic 9y ago>rendering it theoretically immune to government interference or manipulation." Which is hilariously naive. Governments can manipulate markets with their orders-of-a-magnitude more capital and power. They can set up mining farms, research better methods, or pull a South Korea and straight up make cryptocurrecy illegal. Also, crypto is hardly the anarchist nirvana people think it is. It's been proven that it's used for buying drugs and illegal weapons... but also human beings. http://humantraffickingsearch.org/bitcoin-fuels-the-human-trafficking-market/ http://humantraffickingsearch.org/bitcoin-fuels-the-human-tr... https://www.coindesk.com/vatican-address-highlight-bitcoin-use-human-slave-trade/ https://www.coindesk.com/vatican-address-highlight-bitcoin-u... http://news.berkeley.edu/2017/08/16/in-a-step-toward-fighting-human-trafficking-sex-ads-are-linked-to-bitcoin-data/ http://news.berkeley.edu/2017/08/16/in-a-step-toward-fightin...