Kedama t1_iy293q4 wrote on November 28, 2022 at 4:42 AM

Reply to comment by Rezhio in How a CoinDesk scoop led to the fall of Sam Bankman-Fried and implosion of FTX by redhatGizmo

US Dollars are used for ponzi schemes too, but that doesnt make the dollsr complicit in that bullshit. Blame the people, not the tech

xdissent t1_iy2gor1 wrote on November 28, 2022 at 6:03 AM

What percentage of all dollar transactions would you say are ponzis? (minuscule) What percentage of crypto transactions are ponzis? (a lot, more revealed every day) The difference is oversight and regulation. Show me a non-fraud use case for the tech that has value other than buying drugs or weapons, which basically doesn't even happen anymore since the markets are so unstable.