this post was submitted on 08 Dec 2024
177 points (84.4% liked)

Technology

61960 readers
3274 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s
enu
technopagan
L4s
177
The Rise of Digital Currencies: What It Means for Traditional Banking (wealthari.com)
submitted 2 months ago by [email protected] to c/technology
89 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 2 months ago

No, it's because they want to give themselves a bunch of free coin, make it popular, and dump it. They like it because it's easy, they have a large pool of stupid people to draw from, and there's no one to tell them "no". Easier than a stock pump and dump, which as a lot of start up cost and regulations to dodge.