A country with a penchant for helping tax evaders, despots, dictators and their ilk hide ill gotten gains is home to crypto....I’m shocked.
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well Switzerland has always been a financial and banking hub in Europe. Never heard about Davos anyone?
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Not really what they're famous for, is it?
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The fact that Switzerland likes to hoard and hide the wealth of the secretively wealthy smacks of a government behind all governments. The worst dictator is the one you don’t see.
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offcourse why not all the dirty blood money is with them why lose out on crypto?
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"Frauds / Have no pity." - Euripides
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with regards to PRICE MANIPULATION. By way of example, if Bitcoin reached $1mm per "made up" unit of measure, that not DIRECTLY AFFECTS every other citizen holding LEGITIMATE SECURITIES and REAL ASSETS but it isn't a "level playing field." There is no basis for the former.
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People often cite the "inevitable crash" of cryptocurrency as its salient peril. Aside from perhaps Krugman, NOT ONE person in the Post Fairness Act "news"- reporter or declarant- has noted the FUNDAMENTAL UNFAIRNESS of a "made up" investment vehicle unfixed to commercial reality
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That or the primary beneficiaries of the cryptocurrency FRAUD (i.e., it is an investment vehicle with no intrinsic value whatsoever) are (once again) trying to create a facade of legitimacy by merely "moving operations to Switzerland."
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Mr. Mordoch journalists thinks that Switzerland is going to be cryptocruncy capital. What a joking journalism.
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See..
@WSJ doesn't even know a little bit peace of infoThanks. Twitter will use this to make your timeline better. UndoUndo
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They were world famous for Jewish gold too.
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So swiss bank streotype for places people hide money isn't a stereotype. Who would've thunk it.
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