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(Financial News London)   Today's "Oh well, anyway" UK crypto edition   (fnlondon.com) divider line
    More: Obvious, U.S. Securities and Exchange Commission, Federal government of the United States, Protection, Gary Gensler, Consumer protection, crypto investments, Exchange Commission, largest cryptocurrency  
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672 clicks; posted to Business » on 06 Dec 2021 at 3:35 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



7 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-12-06 3:06:06 PM  
In other news, drunk uncle Dan was emotionally crushed when the agency declined to cover his losses at the horse track...
 
2021-12-06 3:39:51 PM  

beezeltown: In other news, drunk uncle Dan was emotionally crushed when the agency declined to cover his losses at the horse track...


He should have invested his money at the doge track.
 
2021-12-06 3:54:11 PM  
It would be stupid if they did.
 
2021-12-06 4:16:13 PM  
Bitcoin doesn't have a future especially once carbon taxes are established.  It won't be adopted as currency in the USA or China already, and no way the EU can meet it's CC goals supporting crypto.
I know, but it's a hedge against inflation!  The Blockchain is real to me dammit!
/That giant sucking sound......
 
2021-12-06 4:31:45 PM  

Northern: I know, but it's a hedge against inflation!


All assets are a hedge against inflation. That's kind of the point.
 
2021-12-06 6:15:05 PM  

Ishkur: Northern: I know, but it's a hedge against inflation!

All assets are a hedge against inflation. That's kind of the point.


He's only mad at some of them though.
 
2021-12-07 12:04:46 AM  
Aw! Maybe they can reconsider so that...

Step 1: I create new crypto flavour with myself as whale
Step 2: I arrange to have enough investment in my crypto to make it seem to be worth something, while I hodl my whale portion
Step 3: for the short time my crypto flavour is worth something, my whale portion worth millions...and that's when...
Step 4: my whale portion is "hacked" and stolen
Step 5: insurance company has to cover the millions I've lost

Voila! I've just made the insurance company pay me for something I created out of thin air, and only seemed to have value thanks to that scheme
 
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