> What do you propose to do with those of us who...
Not my problem. It's your life and your money. And of course you know that not everyone who has purchased it has deemed it "useful" beyond the use of hodling until you sell to someone else for more money. I've used BTC myself, to buy drugs 10 years ago. Sadly, it seemed more useful then than it is now.
Anyway, I don't think anything should be done to dramatically affect Bitcoin directly, but there probably should be something done about people taking advantage of the shitcoin market. It's far too easy to make your own crypto and rugpull a bunch of people. I'm quite disgusted with it and with American society's slow cultural procession toward becoming gambling addicts, which is most likely not a coincidence (although, I won't blame crypto for it entirely).
(And no, it's not now nor ever was the same with trading public securities, which have financial statements whose format and structure are regulated by the government.)
You are misconstruing what I wrote, which is that it's not my problem. I don't care what happens to their money, just as I don't think anyone should care what happens to mine. Although, sure, I wish ill on anyone who is using crypto to scam others.
Were you planning on sharing your gains with me? No, right?
Not my problem. It's your life and your money. And of course you know that not everyone who has purchased it has deemed it "useful" beyond the use of hodling until you sell to someone else for more money. I've used BTC myself, to buy drugs 10 years ago. Sadly, it seemed more useful then than it is now.
Anyway, I don't think anything should be done to dramatically affect Bitcoin directly, but there probably should be something done about people taking advantage of the shitcoin market. It's far too easy to make your own crypto and rugpull a bunch of people. I'm quite disgusted with it and with American society's slow cultural procession toward becoming gambling addicts, which is most likely not a coincidence (although, I won't blame crypto for it entirely).
(And no, it's not now nor ever was the same with trading public securities, which have financial statements whose format and structure are regulated by the government.)