4 ms·
This all true, but avast and the vpn industry are 2 orders of magnitude smaller than the crypto.
by avrionov 5y ago
This all true, but avast and the vpn industry are 2 orders of magnitude smaller than the crypto.
- astoor 5y agoAnd anti-virus and VPN industry problems don't pose a systemic risk to the Western economy (I say Western because China etc. have cracked down on cryptocurrency schemes).
- jacquesm 5y agoNeither does crypto.
- marginalia_nu 5y agoCrypto sure has a vested intrerest in making it seem that way: https://www.investopedia.com/news/are-cryptos-high-trading-volumes-scam/ https://www.investopedia.com/news/are-cryptos-high-trading-v...
- gentleman11 5y ago> But there's a problem here: Some cryptocurrency exchanges have been faking their volume numbers in order to raise the visibility of their businesses and bring in more customers. That's easy to do in the less-than-transparent world of global crypto trading. > Now, an effort is underway to force the exchanges to report real numbers. I can’t believe this isn’t fraud of some sort already
- bhouston 5y agoIt is fraud, it is called wash trading: https://en.wikipedia.org/wiki/Wash_trade https://en.wikipedia.org/wiki/Wash_trade