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by ravar
1610 days ago
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Personally I am ok with both crypto and Casinos existing, just because some people are stupid doesn't mean i should have my freedoms restricted. Stupid Should Hurt. As an aside crypto has the potential to change the world for the better if it ever becomes used as a real currency. I think the people that stand to lose in that situation love spreading FUD about crypto. However it is probably not bitcoin that is going to become that imho, but rather some POS coin. |
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It's bad for society to let scam artists operate unfettered. It doesn't just harm the scammed. For one, you've given terrible people more money to run bigger scams. Two, it misdirects resources to negative-sum activity. Third and most broadly, it reduces trust in anything that looks vaguely similar, which increases transactional friction and reduces available investment capital, making society poorer as a whole.
And that's before we even get to your illusion that you are safe from being scammed because only stupid people get suckered and you're one of the smart ones. There are scams for everybody. The whole "crypto" space is proof of that.