Hey, this is not even the first time they are pulling this shit: "I've been saying on this sub for a very long time that crypto.com is a scam. I always mention the Monaco scam. Just look it up. Monaco token swap. The founders of crypto.com are not honest people, and they never have been, and anyone who invested in Monaco in 2017 already knew that crypto.com was sketchy as fuck. They stole investor's money in 2017, and they are doing it again now."
Like Blockfi, these guys are in the crosshairs of the SEC. Probably a settlement announcement coming soon.
Fed is not responsible for all the wealth inequality. Short-sighted politicians who have no vision are.
You got that right. BTC is high priced because everybody is thinking it's going to be higher priced in the future. The moment that USA bans it, the price will drop in no time. China, the second largest economy in the world has already banned it and actively prosecutes those who mine and trade it. US is only reluctant to do so because all the large brokerage houses have gotten into it now.
Maybe. But maybe you're overestimating US influence at the present time. That coin is likely to fail sooner than Bitcoin, imo.
Bitcoin is just another commodity with its value based on everybody using it. Once it's banned and cannot be exchanged to legal tender, it would have no value.