I'm seeing people come out to support a crypto ban using words like 'Pump & dump' and the argument that people investing lack 'basic asset knowledge' and they "need to be protected".
1) Were stocks not traded before regulation and were there no pump & dumps (before and after)
2) Asset knowledge is readily available to anyone looking to learn. The question is, is this really a regulatory requirement prior to investing? If so, is this enforced, even in regulated assets such as real estate or the share market?
3) What gives your stocks or gold holdings value? It's the collective belief that the asset has ( X ) value. But it's ok to selectively apply these conditions to the asset that YOU hold and not others? Crypto gains it's value from it's underlying tech and vice versa. if you dont
get it nothing anything anyone will say will convince you because you're genuinely not interested in learning why some of the smartest minds in the world are involved in this space.
4) Most importantly, WHY do you or anyone else believe you have the right to tell me how do I invest my OWN money, on which I've paid taxes and which I invest knowing fully well the risks and which is being done transparently ( aka decentrilized public ledgers) and which is not
hurting anyone.

If you're looking to babysit me, maybe you can burb me after my meals as well??
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