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by pjc50 1111 days ago
This is really the only way that a discussion can become "settled": one group is driven from the field. Otherwise it's just endless trench warfare of rehashing talking points.

Especially as none of this is new. It's been obvious since the mtgox collapse, nearly a decade ago, that offshore unregulated "institutions" run by small teams of opportunists were going to be extremely risky places to put your money. It's been obvious for a long time that selling tokens to people with the expectation of profit later that could only materialize from selling to others (no fundamentals) was fraudulent, which the SEC is gradually catching up on enforcing.

The remaining questions are political, and as such unresolveable. Delusional people who thing the US dollar has been on the verge of collapse since 1932 vs people stuck in actual collapsed currencies who want access to pseudodollar banking. Europeans annoyingly pointing out that regular bank transfers can be free and quick vs Americans insisting this is impossible.