Leister
๐ค SpeakerAppearances Over Time
Podcast Appearances
You don't need to regulate cryptocurrency because cryptocurrency has no set value without Fiat any damn way.
Who cares?
Who cares if somebody does a presale other than the fact I gave them money?
If the presale says we don't take credit cards, we don't take debit cards, we don't take stable coins.
We'll take any other cryptocurrency that is not a stable asset of any kind or any Fiat.
There's no money exchanged.
If they say, all we take is Bitcoin.
There's no money exchange.
A commodity is that's a second market, right?
That's what, that's my issue with it is I get why they wrote it that way.
I think that's to its detriment in my opinion.
And I questioned the need to go that aggressive.
You don't need to.
It's simple.
Cryptocurrency should have no other regulation until unless there's a connection to Fiat.
Once there's a connection to Fiat, the regular regulations we already have for Fiat should then kick in.
I think it's that simple.
A stable coin is only as stable as the ability to sell it for that value.
It doesn't matter if a graph says that it's a dollar.
If I try to sell the damn thing and only get 50 cents, it's not a stable coin, right?