Can we please not No True Scotsman this? Crypto “the future of money” is completely unregulated and nothing but full of scams hitherto unseen since the days before banking regulations.
You’d be hard pressed find a bank that can execute a rug pull like this. While I’m no fan of Bank of America, I’ll keep my “dirty fiat” there and sleep soundly, just like I slept soundly in though the Great Recession.
Sure, we're on the same page, I'm just saying that the actual heist here could, from a technical point of view, been executed at Bank of America as well. (Although sneaking a backdoor in there and getting money out would be orders of magnitude harder.)
Can we please not No True Scotsman this? Crypto “the future of money” is completely unregulated and nothing but full of scams hitherto unseen since the days before banking regulations.
You’d be hard pressed find a bank that can execute a rug pull like this. While I’m no fan of Bank of America, I’ll keep my “dirty fiat” there and sleep soundly, just like I slept soundly in though the Great Recession.