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You can say what you want about regulation. But in an unregulated market (alt coins) 99.9% committed fraud, one way or another, by lying to investors. We seem not to have solutions to the problem that lying is profitable. That would be a big thing to solve.

Zaikaboy 1y ago

Common sense should tell people that if it sounds too good to be true then it is too good to be true

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Discussion

lkraider 1y ago

Bitcoin promises sound too good to be true.

Jeroen Ubbink 1y ago

Bitcoin promises nothing, it just is.

frphank 1y ago

In the future, it'll be accepted in many places as payment and there will be a circular economy. That's one of the promises.

Jeroen Ubbink 1y ago

That is what people think will happen, and i think should happen, but it was promised by believers and not by code and algorithms

Zaikaboy 1y ago

Which promises? I think you are conflating what Bitcoin is and what influenzas say it is. Again, common sense should prevail

lkraider 1y ago

It’s a dig on your “common sense” argument. The “common sense” is driven by mass media, and what is common today is absolutely bonkers for someone a few years ago. Common sense is not a measuring stick.

Zaikaboy 1y ago

Common sense comes from within mate, not a screen

lkraider 1y ago

What most people refer as common sense is the Christian world view that has built the World. But that is going out the window nowadays, mate.

frphank 1y ago

What's coming in in its place?

lkraider 1y ago

Nothing that will last for too long, hopefully.