-9

Governments and banks once mocked Bitcoin. Now they want in on it (www.aljazeera.com)

submitted 5 months ago by [email protected] to c/[email protected]

12 comments fedilink hide all child comments

Once widely derided as a speculative asset with no intrinsic value, Bitcoin is being taken increasingly seriously by governments, financial institutions and investors alike.

you are viewing a single comment's thread
view the rest of the comments

[-] [email protected] 1 points 3 months ago* (last edited 3 months ago)

You missed the part when they print unbacked tokens to pump with?

https://jfin-swufe.springeropen.com/articles/10.1186/s40854-022-00364-3

[-] [email protected] 0 points 3 months ago

So they had a lawsuit in 2019 for unbacked tether. Now you're saying they are still committing fraud, despite the charges?

[-] [email protected] 1 points 3 months ago* (last edited 3 months ago)

Yes, why change the model if it works? It's not like they ever got any consequences, just a slap on the fingers.

this post was submitted on 21 Dec 2024

-9 points (35.5% liked)

Bitcoin

864 readers

1 users here now

Do not use URL shortening services: always submit the real link.
Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.
News articles that do not contain the word "Bitcoin" are usually off-topic. This sublemmy is not about general financial news.
Submissions that are mostly about some other cryptocurrency belong elsewhere. This sublemmy is exclusive to Bitcoin.
No referral links in submissions.
No Self Promotion

founded 2 years ago

MODERATORS

[email protected]