FUD and Loathing in the Crypto Casino
(bombthrower.com)
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It's amazing how simple block chain ledgers are. They self curate, have no overhead and need no intervention. Yet for some reason there is almost always a ponzi scheme involved when a fiat portal is added. Even with complete control of the futures markets, they inevitably end up going to zero in a currency designed to operate in the positives.
It's my belief that people involved are intentionally acting to create these losses. As by default, by it's very nature, In a system where they can win without taking any risks, it seems impossible to fail on these levels.
Simply facilitate a trade, take a percentage or flat fee, and then do nothing. This isn't rocket science.