Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

ForgedCrank

(2,820 posts)

9. I think some

Reply to In It to Win It (Original post)

Tue Jun 17, 2025, 10:49 PM

Jun 17

of them are missing the whole point.
For the moment, set aside the people who buy crypto stuff for day-trading purposes. That is not the primary intent for crypto currency. The reason it was created in the first place was to be able to buy and sell without governments being able to snoop on you and monitor what you are buying/selling. NO ONE is going to use a crypto currency that the government is operating.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

20 replies

= new reply since forum marked as read

Highlight:

Senate passes stablecoin bill, a major victory for the crypto world [View all] In It to Win It Jun 17 OP

Gambling yankee87 Jun 17 #1

Predict the "stablecoin" bail out and when Johonny Jun 17 #2

This bill actually makes it a law that anyone issuing... LudwigPastorius Jun 17 #13

Sage Advice Nictuku Jun 17 #3

Wouldn't this make crypto a legitimate underground currency? no_hypocrisy Jun 17 #4

How many Dems voted for the bill? Fiendish Thingy Jun 17 #5

Here are their names: in2herbs Jun 17 #7

Mm hmph- Money talks Fiendish Thingy Jun 17 #15

This may be why Gallego voted for it AZProgressive Jun 18 #18

OK, now we know Gallego's price Fiendish Thingy Jun 18 #20

They were warned and warned. Passages Jun 17 #6

"He worries that they enable illicit activity by making money transactions less transparent."" pcdb Jun 17 #8

Like when you're procuring sex with children, or buying full-auto rifles, or hiring a hitman . . . . hatrack Jun 17 #10

It is not just your business how money is spent. Passages Jun 18 #16

I think some ForgedCrank Jun 17 #9

Make Tulips Great Again! sakabatou Jun 17 #11

Klepto! oasis Jun 17 #12

I have dabbled in cryptocurrency, but I don't understand what this supposedly does Jack Valentino Jun 17 #14

It's only a matter of time before "2008 the Sequel" happens and now taxpayers are on the hook. Vinca Jun 18 #17

Especially given that this POS bill makes crypto holders whole before the rest of us when banks fail. hatrack Jun 18 #19