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I've enjoyed watching crypto acolytes gradually learning why the consumer protections of traditional banking and investment exist. Until regulation catches up t
by yxwvut 5y ago
I've enjoyed watching crypto acolytes gradually learning why the consumer protections of traditional banking and investment exist. Until regulation catches up there's bound to be a stream of unscrupulous scammers taking notes from the financial crises of the past.
- knownjorbist 5y agoYou still have yet to explain why lending in this manner is, or should be, illegal? This isn't payday lending or other forms of predatory lending. The reality is the banks want it this way, not because it was ripped away from them by regulation.