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Crypto markets may pose risks to wider financial stability, ECB warns (financialpost.com)
5 points by IdEntities on May 24, 2022 | hide | past | favorite | 2 comments


More like rampant tax avoidance just like with Egold, and regular gold, paired with perpetual forgetting that Bitcoin is the opposite of anonymous, especially if you buy it with a credit card or via an exchange that has your legal name.

It's a wasteful technology, for the most part, to put it mildly. I'm glad I got into movies instead of gaming, since I've heard it's as difficult to find a cheap GPU as it is to find cheap .22 LR right now.

- Greg.


This feels like preemptive scapegoating. Sure, this is possible, but only if the marketcap continues to grow at a rapid rate. Currently, it's a drop in the bucket compared to the marketcap of securities and has yet to reach gold's marketcap of ~$10T.




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