Really disappointed at HN's recent stance on both crypto and GME. Far too many calls for regulation and control.
This is not the free market proponents platform I used to know.
This is not the free market proponents platform I used to know.
I think crypto is a dangerous destabilising factor. If not reigned in, it will come crashing down on all of us when it begins to destroy the public finances of (first) smaller countries and enables he usual suspects to evade all taxes, store value in non-localisable assets, etc.
Supposedly that’s one reason it’s big in China since miners can generate coins to move wealth outside of the country more easily than moving their Chinese fiat.