What is Nostr?
feline
npub1m6k…wgg6
2024-12-06 10:41:59

feline on Nostr: We breached $100k but never forget that we are still in ”then they fight you” ...

We breached $100k but never forget that we are still in ”then they fight you” stage.

A friend sent me today’s article by a local newspaper. Massive cope by legacy establishment and legacy finance behind them.

”It can rise by 30 percent in a month and then fall by the same amount
even shorter time.
You have to be aware of that volatility when investing in this type of asset.” - senior economist in SEB, one of the biggest bank in Sweden.

Finance Minister Elisabeth Svantesson (M) is most concerned that cryptocurrency can easily be used for money laundering.
If she thinks the currency should be more tightly regulated.
If it grows and becomes even bigger, it can of course affect financial stability, but we are not yet at those levels, she says.

Same old arguments citing volatility, money laundering, and financial stability.
BORING!
Author Public Key
npub1m6kmamcu340hftjlzzrksgvdkky9hj6lz085yy625g5kmgz5ahkslfwgg6