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Citing ‘massive risks,’ House Democrats ask Facebook to halt its cryptocurrency plans
 

Citing ‘massive risks,’ House Democrats ask Facebook to halt its cryptocurrency plans

Re: Citing ‘massive risks,’ House Democrats ask Facebook to halt its cryptocurrency p
 

the fact that the sec has not cracked down on crypto is something hilarious to me....if you search

crypto pump and dump groups on google their are dedicated telegram channels of people pumping up all the coins.......I can see why the SEC will not bring out an ETF...........

the scams are so rampant.........on crypto trading and its dirty as fuq.

Re: Citing ‘massive risks,’ House Democrats ask Facebook to halt its cryptocurrency p
 

China "banned" crypto, and it's alive and it's alive & well there as before.

Cracking down on anything just forces it further underground.

But I do agree on the part about scams. They are so incredibly rampant, especially on the dark web where just about 99% of the sites there are rife with scams, you can't trust anyone there.

Re: Citing ‘massive risks,’ House Democrats ask Facebook to halt its cryptocurrency p
 

you can find the letter they sent in regards to Libra

lets see them do that to Bitcoin :lol:

Re: Citing ‘massive risks,’ House Democrats ask Facebook to halt its cryptocurrency p
 

Libra is not really a crypto currency as it will be backed by hard currencies and will set up a reserve with such.
But to cry foul on those crypto sites,it is like going to those Chinatown mag jong club and cried being cheated !
Have yo ever been to one,no window,no carpet,crowded not well ventilated,ashtrays all over the place,odor of Chinese stirfry wok fume on players clothes,hair and shoes.
Sometimes I wonder if the Vietnamese still host opium den?

Re: Citing ‘massive risks,’ House Democrats ask Facebook to halt its cryptocurrency p
 

wait...what?

Re: Citing ‘massive risks,’ House Democrats ask Facebook to halt its cryptocurrency p
 

Fomo buy the pump, panic sell the dump™ 😂😂😂

Re: Citing ‘massive risks,’ House Democrats ask Facebook to halt its cryptocurrency p
 

Libra sounds good to me,pegged to major currencies,based in Switzerland and backed by a reserve of bank deposits and goverment bonds.
what is Uncle afraid of?