New York sues crypto firms for losing over $1 billion

simple@lemm.ee to Technology@lemmy.world – 194 points –
New York sues crypto firms for losing over $1 billion
theverge.com
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Until you realise that Crypo is just a scam.

Many people are denying it, many does not believe it, many does not understand it.

But the only thing that matter is the fact that more people have lost money than they put in.

Blockchain dev here. This is false. Blockchain ledgers are in many ways more real than fiat.

Blockchain tends to attract very shitty people, however. Loaning money that doesent exist is a fiat problem. In fact, its the point of fiat.

Your brain is short AF.

You are working for the money scammers so it makes 100% sense to you because they lured you in another scheme of understanding.