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You link to an article about a few conmen using blockchain to fleece money as if to critique the entire industry, so I linked to a $400 billion laundering opera
by seibelj 7y ago
You link to an article about a few conmen using blockchain to fleece money as if to critique the entire industry, so I linked to a $400 billion laundering operation done right under the nose of EU regulators - the scale of that one crime dwarfing the entire market cap of crypto.
Someone using a tool for malice does not mean we outlaw the tool.
- DonHopkins 7y agoHow did you jump to the wild conclusion that I was calling for outlawing bitcoin? That's pretty paranoid and presumptuous of you -- I must have touched a nerve. And your "whataboutism" example of conventional fraud certainly doesn't justify Bitcoin fraud. There are already laws on the books against fraud. My point is that Bitcoin investors are idiots, and that CMU shouldn't be teaching their students to run Ponzai schemes and break existing laws by taking advantage of idiots. I'm not calling for outlawing idiocy. They got what they deserved.
- seibelj 7y ago> I must have touched a nerve. > My point is that Bitcoin investors are idiots, and that CMU shouldn't be teaching their students to run Ponzai schemes and break existing laws by taking advantage of idiots. You are all over the place, can't make heads or tails of what you are saying, clearly you are illogical and I will no longer respond.
- DonHopkins 7y agoIt's really quite simple to understand, you don't have to pretend to be confused to avoid addressing the point. Here's what you did: https://en.wikipedia.org/wiki/Whataboutism https://en.wikipedia.org/wiki/Whataboutism