[calvinmorrison]

Well yeah, the US government couldn't stand having an actual currency to compete with so they relabeled all of crypto as investements. Suddenly all of those rules, tax implications, etc are more important than the tech itself.

[red-iron-pine]

We just watched FTX implode and fleece thousands of people, including many of their own investors. Plenty of other exchanges and currencies tanking hard the last few months, too.

These regulations exist for a reason, and it's why actual investments work.

If you think they're a bad idea then I have a bridge in the Bahamas to sell you...