I don’t think that’s what they are actually worried about. I would also like to point out that the biggest scams, FTX for example,
are simply traditional Ponzi schemes with a crypto front, they have all been executed entirely using regular banking systems and due to the incompetence of those regulators. Bitcoin itself is rock solid and constantly gaining users and influence.
I don’t think that’s what they are actually worried about. I would also like to point out that the biggest scams, FTX for example, are simply traditional Ponzi schemes with a crypto front, they have all been executed entirely using regular banking systems and due to the incompetence of those regulators. Bitcoin itself is rock solid and constantly gaining users and influence.