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RE: Greed is Crippling Cryptocurrency

in #bitcoin5 years ago (edited)

@ appalachain, your thought process right here is spot on! I'm mind-boggled as well that people are willing to hand it over so easily. Like you said governments and regulators have no place here. If we hand it back to them we can forget about financial freedom and I'm surprised that more people are not voicing their concerns about Goldman and these derivatives.

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@restmode, I understand wwhat you're saying, but any market can be manipulated. That's just part of the numbers game. Look at all the pump and dumps with cheap altcoins. People who aren't big players are coming together and making that happen. It becomes harder as distribution spreads out, and a coin stabilizes.

Government involvement, on the other hand can choke a market out before it ever even gets started. The reason crypto has boomed over the last few years is they've either not bothered, or been pushed away from projects.

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