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The biggest "adult in the room" by far, whom was pushing for regulation, turned out to be another scammer that was simply trying to regulate away his competitor
by anonymousab 4y ago
The biggest "adult in the room" by far, whom was pushing for regulation, turned out to be another scammer that was simply trying to regulate away his competitors and enshrine his own fraudulent crypto scheme as the only sanctioned one.
The crypto community's truest Scotsman proved to be just as terrible as everyone outside perceives the crypto space to be. Benefit of the doubt simply can't be given for what "reasonable crypto people" say at this point.
- woah 4y ago
- JumpCrisscross 4y ago> biggest "adult in the room" by far, whom was pushing for regulation, turned out to be another scammer SBF was far from an adult in the room. He got zero policy to even a serious discussion phase. To the degree we see meaningful calls for regulation, it comes from Banking and Financial Services committee members who not involved with crypto pushing draconian rules.
- onemoresoop 4y agoBut SBF was pretending to be the adult in the room by pretending he's in for regulation.
- pgwhalen 4y agoI completely understand the view that crypto should no longer be given the benefit of the doubt and subscribe to it myself, but I think that even without the benefit of hindsight from the FTX implosion, Coinbase is clearly the adult in the room in crypto, and has been for some time.