Inspired by a comment on my last post.

I feel like I never have a solution that allows me to control it while also being automated to such a degree that I don’t have a huge confusing backup if I don’t do finances for days or weeks.

  • ililiililiililiilili@lemm.ee
    link
    fedilink
    English
    arrow-up
    0
    ·
    23 days ago

    Crypto cannot be banned. It can only be made illegal, if countries want to remove themselves from the digital currency revolution. The derivatives market is $730T. Stocks are about $110T. Real estate is around $380T. If you’re concerned about the minuscule amount of illegal activities that occur within the 3.5T crypto market, your fears are misguided. Crypto is mostly traceable. Fiat currencies are highly preferred for drug sales and tax avoidance.

    • humble peat digger@lemm.ee
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      23 days ago

      Make it illegal, drive it underground where it belongs.
      I’m concerned about traceability and tax avoidance. I’m concerned about energy consumption I’m concerned about gpu prices