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.
a cryptocurrency exchange is not the same as a company exchange..far from it..crypto is 1 big gamble to say its not WOW...can i put a company with no assets or money on a company exchange no you cannot..but in the crypto world you can..you can make up all sort of crypto names and put them on a crypto exchange...not allowed in real company exchanges..most cryptos have no assets to begin with..only till they are used and become of value .so for you to say that cryptocurrency are not like betting shops and more like a company exchange your off your head..cryptocurrency exchanges are almost the same as bookies...cryptocurrencys are not companies..so don,t go there
Right. Cryptocurrencies aren't companies. Check. Most us us were aware of that. As far as the rest of what you assert - have you ever heard of penny stocks? OTC? Troll the listings sometime - they are FULL of stock offerings for companies with ZERO value. One of them just recently - even though it had no solid business plan, no physical assets, and barely a company office - was just pumped up to a market cap of over $2B. So your statement that worthless stock cannot be listed or sold IRL is plainly incorrect.
But I still haven't heard you answer my previous question:
Q: Are you, or are you not in favor of government regulation of cryptocurrencies and cryptostocks? All your answers thus far clearly insinuate that you are, which is not an unreasonable position to take. Please elaborate on this point, it is one that greatly interests the majority of visitors of this forum and one I find personally highly interesting.
Thanks for your post!