Rookie Traders Are Calling It Quits, and Their Families Are Thrilled

wsj.com

10 points·colesantiago··10 comments

I'm more than thrilled.

Glad that this crypto scam and meme stock hype is finally dying out completely.

We need tighter regulations (or new regulations) on the whole thing so that it all crashes down and crypto burns until everyone is sick of it.

Once Tether gets exposed we will see the back of crypto.

Bitcoin is the future of money, and there is nothing you or any regulations can do to stop it.

This statement being made days after one of the core bitcoin devs lost all their bitcoins is hilarious to me. There needs to be some regulated abstraction layer above raw bitcoin before it can be taken seriously as a currency among common people.

The same hilarious statement "it's the future" being preached time and time again.

Bitcoin isn't even used for as a means of sending money to people, we both know this even after almost 15 years since Bitcoin was made.

Bitcoin failed completely.

Bitcoin network transactions are enormous. Are we looking at the same stats?

This doesn't mean anything the entire network is still slower than VISA or Mastercard.

I don't see any improvement there with Bitcoin.

Can’t reason a person out of a position they didn’t reason themselves into.

Spoken like a true cultist..

Regulations can at least stop it from being a mandatory part of life that you need to have to pay your taxes, and as long as it's optional, I'll probably still be able to ignore it.

If it really was you wouldn't have to push it so hard on every platform.

Reply on news.ycombinator.com