Skip to content

Comment on FTC to close down mobile banking app Beamparent

Comments

I'm downvoting you because it's OT here and the crusade for/against crypto is getting too tiring - there are enough threads focused on merits of crypto where you could share that sentiment.

the crusade for/against crypto is getting too tiring - there are enough threads focused on merits of crypto where you could share that sentiment

Counterpoint: security of holdings/nonreversability has been a clear tradeoff with cryptocurrency from the start. It’s frustrating to see public resources diverted to reinventing the wheel without a balancing revenue line.

Put another way, there is arguing that cryptocurrency is stupid in general. And there is arguing that those who lose their money through it shouldn’t be entitled to the same level of public support as those who lose money in other investments.

On the other hand, some see it as the perfect fusion - crypto AND the established legal system. But as I said, this discussion is off topic here, and I would like if we could keep it where it belongs. It has leaked enough, everyone is already aware of the ongoing dispute.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.