The War on Crypto
Many Happy Returns
What Is a Security?
There's 10,000 cryptocurrencies and I'm willing to bet 9,500 borderline scams. It's exchanges which are the really dirty part of the whole ecosystem. A Ponzi scheme is a scam. But if you kind of realize it's Ponzi scheming, you're still willing to trade it. And in fact, none of them Taylor Swift is very clued up to the fact that some of the things which cryptocurrency exchanges trade are unregistered securities.
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