@Wetrix that's no good. The grounds that control of money is for sovereign nations is bad too. All cryptocurrencies can be banned on these grounds. And I don't doubt they will ban them eventually
@mister_monster oh yeah they will ban them.
As much as I like crypto, they should be banned.
If there's anything we've learned from bitcoin it's that unregulated currency without government oversight is a bloody distaster of schemes, hacks, thefts and ponzi dumps.
@Wetrix life is a disaster of schemes, hacks, scams and thefts. That's why we all do lots of things to protect our information. Cryptocurrencies just enable people to engage in finance without coercion, from banks, governments or anyone else. In my mind engaging in commerce is a human right, and cryptocurrencies enable people to do that without restriction. I should be able to buy something from you or sell you something you want without a man there telling us how we are allowed to do that.
@mister_monster that's how it was.
But you have to realize that's exactly why regulation and institutions were made.
To many people got ripped off etc
@Wetrix
You have too much belief in system mate
@mister_monster
@nikolal @mister_monster I'm just saying there is a real that system is in place. 😊
The world existed before banks and regulation of currencies and that's what created them.
People fed up with been scammed, robbed etc without any recourse.
@Wetrix @nikolal yeah, and that might work for some people, but the option to take the risks should be there. Scamming people using cryptocurrency is already illegal, it makes it easier to get away with but harder to do if you know how to protect yourself. And I don't particularly have faith in institutions that let banks steal while the rest of us need permission to use cash at the store. I'm more likely to get an overdraft fee than get robbed.
