this post was submitted on 03 Dec 2024
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Selfhosted

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Inspired by a comment on my last post.

I feel like I never have a solution that allows me to control it while also being automated to such a degree that I don’t have a huge confusing backup if I don’t do finances for days or weeks.

(page 2) 8 comments
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[–] Deckweiss 2 points 1 day ago
[–] [email protected] -1 points 1 day ago (7 children)

I don't understand why isn't crypto banned yet.

Its a dumb drain on world resources and only facilitates of untraceable payments for drug sales and tax avoidance.

[–] [email protected] -3 points 1 day ago (1 children)

Crypto cannot be banned. It can only be made illegal, if countries want to remove themselves from the digital currency revolution. The derivatives market is $730T. Stocks are about $110T. Real estate is around $380T. If you're concerned about the minuscule amount of illegal activities that occur within the 3.5T crypto market, your fears are misguided. Crypto is mostly traceable. Fiat currencies are highly preferred for drug sales and tax avoidance.

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