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100% agree. I was a big believer in the usefulness of crypto before all the "HODL" and "investment" mentality took over. Its value as a currency is eroded with
by acchow 4y ago
100% agree. I was a big believer in the usefulness of crypto before all the "HODL" and "investment" mentality took over. Its value as a currency is eroded with the dramatic price fluctuations.
- HN_is_for_gemes 4y ago[dead]
- calvinmorrison 4y agoWell yeah, the US government couldn't stand having an actual currency to compete with so they relabeled all of crypto as investements. Suddenly all of those rules, tax implications, etc are more important than the tech itself.
- red-iron-pine 4y agoWe just watched FTX implode and fleece thousands of people, including many of their own investors. Plenty of other exchanges and currencies tanking hard the last few months, too. These regulations exist for a reason, and it's why actual investments work. If you think they're a bad idea then I have a bridge in the Bahamas to sell you...