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Crypto markets may pose risks to wider financial stability, ECB warns
- dontbenebby 4y agoMore like rampant tax avoidance just like with Egold, and regular gold, paired with perpetual forgetting that Bitcoin is the opposite of anonymous, especially if you buy it with a credit card or via an exchange that has your legal name. It's a wasteful technology, for the most part, to put it mildly. I'm glad I got into movies instead of gaming, since I've heard it's as difficult to find a cheap GPU as it is to find cheap .22 LR right now. - Greg.
- throwaway743 4y agoThis feels like preemptive scapegoating. Sure, this is possible, but only if the marketcap continues to grow at a rapid rate. Currently, it's a drop in the bucket compared to the marketcap of securities and has yet to reach gold's marketcap of ~$10T.