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They should, the markets are using this as speculative trading and preys on those that don't understand the viability of the projects and rely on ignorance to d
by drannex 6y ago
They should, the markets are using this as speculative trading and preys on those that don't understand the viability of the projects and rely on ignorance to drive prices up.
Not only this, but the financial safe guards of scams and transactions are moot in all major crypto-currencies.
I believe that cryptocurrency is great, and a testament of modern engineering, but the entire financial system isn't built just for speculative trading, but to provide safety and resilience in the face of bad-faith actors or general mistakes.
- remarkEon 6y agoI’m sorry, but how is trading crypto any different, at all, from trading on the stock market today? Just that you need a “digital” wallet? How much of what’s traded on the stock market is really wrapped up in complex instruments that no one but an institutional investor with significant experience can understand?