Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain
by
coderboo
on 15/09/2014, 18:46:38 UTC
IF I OWN A HORSE..AND A BETTING SHOP ASK TO OWN SHARES IN THAT HORSE..THEY WILL BE SHUT DOWN ITS NOT ALLOWED..SO SAME SHOULD GO FOR EXCHANGES

WTF are you yelling@!?
lol i am saying exchanges should not be allowed to own or have any shares in a cryptocurrency..its fiddling ..the same goes for betting shops..hey are not allowed to have shares in horses or own any ....and lets face it an exchange is a betting shop...to say its not  well you are off your head..you are gambling that a cryptocurrency will raise..

Ahh - so you are in favor of government regulation of cryptocurrencies and cryptocurrency exchanges. Gotcha.

Except that an asset traded on an exchange ostensibly has an inherent value set by the market at that moment, whereas a bet placed has a potential future binary value. Not entirely the same thing.