• MyOpinion@lemm.ee
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    13 hours ago

    Crypto is a massive scam. It has no value. It is just used to obscure fraud.

    • piccolo@sh.itjust.works
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      2 hours ago

      If you think crypto is a scam, wait until you learn about how fiat currency works. Crypto is a great idea that has been plifered by scammers trying to make another pump and dump scheme.

      It really isnt that far off from the stock market, and there are books of regulations involving share trading because all the various frauds commited over the centuries, though most are to protect the captial…

    • nixfreak@sopuli.xyz
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      10 hours ago

      I mean neither does FIAT currency, U.S. currency is based on taxes , there is nothing that backs it. Majority of GDP is just finance. We need more education on what and how a currency actually works.