2 ms·
I saw a quote somewhere: Those who don't learn from history are doomed to repeat it. The only thing new about crypto is paper has been replaced by electro
by jqpabc123 2y ago
I saw a quote somewhere:
Those who don't learn from history are doomed to repeat it.
The only thing new about crypto is paper has been replaced by electrons.
Individuals/banks minting their own money has been tried before. It didn't go well.
- philipov 2y agoHowever, this quote is usually intended to be a warning, not an opportunity to run all the old scams again. These people hear it and think "You mean we get to repeat history?!"
- mikeyouse 2y agoIt’s not an uncommon joke about how easy it would be to be a serial killer or bank robber in “the olden days” - just need to move 1 town over and you can do it all again which has a strong similarity to being able to commit crypto crimes with hardly a consequence by virtue of doing it across jurisdictions..
- deleted 2y ago[deleted]