Reply to post: Re: Easy out.

Euro banks warned off Bitcoin as Canada regulates it

cyclical

Re: Easy out.

Except stocks are tied to something tangible, with physical presence that means even penny stocks usually have some kind of actual 'worth'. Bitcoin value is based on nothing - even the cryptographic proofs are utterly pointless and a massive waste of electricity. They should be treated like what they are, an academic white paper that was somehow picked up by scam artists, junkies, money launderers and libertarians and turned into the worlds most annoying currency.

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