Posts: 196 +189
I'd ban it on principle, it's only a matter of time before governments either 1- use it and ban all the others or 2- ban it all together.
Crypto for the most part is a kind of scam that resembles a pyramid scheme and is highly manipulatable with no oversight. US law states outright the US only has 1 currency and all others are illegal, back in the day the government sued arcades for tokens as they could be traded back and forth for value on the same principle, I can eventually see crypto going bye bye as we know the market now.
Given the majority now have significant use cases, and pay interest, how is it a “pyramid scheme”? Especially when over their lifetime the main ones all consistently beat inflation