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It's odd that people don't conceive of the health of their neighbor's investments as a support for their own.

Lots of people losing lots of money in your neighborhood is bad. A good number of people winning the lottery by defrauding others is bad, they make for shitty neighbors.




Ideally cryptocurrencies will disappear on their own before lots of people have lots of money tied up in them. Regulating them makes them appear safer than they actually are.




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