Comment on Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure

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finitebanjo@lemmy.world ⁨3⁩ ⁨days⁩ ago

Crypto is not used to bypass regulations. Failure to regulate is on the state, not the crypto. It is easier to regulate crypto because of the public multiple ledger system that is the Blockchain, allowing you to trace tokens all the way back to their conception.

The purpose of Crypto is that it removes the need for a bank for transactions and holding of nonphysical currency. Adoption rate proportional to total population is what gives them stability and makes them less susceptible to scams or pump and dumps.

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