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These guys are not regulated. There is no transparency. There are no external auditors. There is no control. When we find out, it is always too late. Every "cry
by stcredzero 8y ago
These guys are not regulated. There is no transparency. There are no external auditors. There is no control. When we find out, it is always too late. Every "cryptocurrency bank" is a potential Enron.
I think Enron actually had more transparency, and did more good in the world than the failed cryptocurrency companies. I've worked on two pieces of software that originated in Enron, which I believe are still used in production today. I think Enron participated in the invention of weather derivatives.
(No, I have never worked for Enron.)