Cryptoworld will work their way up to demanding Sarbanes–Oxley, but there going to be a lot of ordinary people losing large amounts of money in the meantime.
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"WE DON'T TAKE ITCHY AND SCRATCHY MONEY" https://www.youtube.com/watch?v=dErRj6V8_xQ …
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Thanks for the reminderpic.twitter.com/HoPK6Xv4KF
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Once again the problem is with the centralized platform. When you send Bitcoin to someone it's no longer yours. Why trust these guys? Used to be this way with dollars, too, with banks going bust and people losing their savings. Decentralized Bitcoin itself not is affected.
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But again, the decentralized aspect, where there’s no way to back up your money or insure your assets, puts a cap on the size of crypto currency. It will never truly challenge state money in that form since it serves a different function.
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too obvious to fail
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Otherwise Known as “Your Cryptocurrency doesn’t come with its own squadron of A-10s or F22s"
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I suppose that they could download the plans & print one on their 3D printer that they traded all of those cans of beans for.
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Holy hell. This is a brand new frontier for fraud.
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