RE: As bitcoin nosedives, regulators said to be investigating whether it was propped up illegally. by vimukthi

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· @vimukthi ·
As usual they don't want to let a good crisis go to waste. A dip and successive rounds of legal assaults is just a front to get a foot in the door for regulations like what they did to the tech industry in early 2000s. We should e free to do our P2P transactions without the Mafia dropping into take a cut

https://www.youtube.com/watch?v=0HfJ7km_SxU
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@baah ·
The issue I think is Fraud, it seems that it was perpetrated by those in positions of trust/power in these exchanges through the scheme of Teether, indicative by the lack of transparency over how the coin is pegged to the dollar or minted. It might serve as a springboard for actual regulation of these exchanges yet it will be completely futile to affect dex, let alone bitcoin itself.

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