[bamboozled]

Why police any gambling where people can get addicted and lose their home and worse m? There’s a lot of reasons.

[paulgb]

I worry that having the SEC regulate crypto can actually be worse for those people, because it sends the message that it’s a legit government-approved investment instead of a wild west zero-sum craps table.

[bamboozled]

The reality is that it exists and that people take crypto risks. Just like illegal gambling.

There is a reason exchanges were investigated in the first place and it wasn’t for fun.