KB on Nostr: Respectfully, if we go back through time in this "industry", how many of the ...
Respectfully, if we go back through time in this "industry", how many of the companies involved resulted in robbery, theft, pump and dumps, scams or insolvencies? How many are long standing and reputable?
(I know lots of industries have mixed records of reputability and consumer protection etc...)
But still.
Pick a number for each as a %. Imagine we could get the accurate data on this. It's staggeringly slanted.
Imagine how many people, and $ was illicitly stolen. Billions?
It's why I can't send emails at work with the word "Bitcoin" or "crypto" in it. They get filtered out. Making it so hard to legitimize education about it. The nefarious avenues and actors delegitimize the whole thing. Remember, the outsider pleb doesn't know the intricacies to it. To them, it's all the same and it all get painted with the same brush.
I don't want honest actors to be punished. But this has to get cleaned up. I detest regulation usually and don't like central powers making laws restricting honest XYZ business.
But how does this get cleaned up? How does this heal?
If some legit business have to exist in strict corridors for this to happen, I'm for it.
I'm not stuck on this opinion but I'm tired of grifters and scamers controlling the narrative about "Bitcoin" and "Crypto".
(I know lots of industries have mixed records of reputability and consumer protection etc...)
But still.
Pick a number for each as a %. Imagine we could get the accurate data on this. It's staggeringly slanted.
Imagine how many people, and $ was illicitly stolen. Billions?
It's why I can't send emails at work with the word "Bitcoin" or "crypto" in it. They get filtered out. Making it so hard to legitimize education about it. The nefarious avenues and actors delegitimize the whole thing. Remember, the outsider pleb doesn't know the intricacies to it. To them, it's all the same and it all get painted with the same brush.
I don't want honest actors to be punished. But this has to get cleaned up. I detest regulation usually and don't like central powers making laws restricting honest XYZ business.
But how does this get cleaned up? How does this heal?
If some legit business have to exist in strict corridors for this to happen, I'm for it.
I'm not stuck on this opinion but I'm tired of grifters and scamers controlling the narrative about "Bitcoin" and "Crypto".