> There's a reason private money was outlawed in the 1900s.
And the reason is probably a bit more nuanced than this sentence projects. Furthermore, reasoning in the 1900s should not be used to justify government monopoly on money in 2019.
You created your account 3 hours ago, with a creative name and then annonymously post you work on money laundering cases ... As if that is supposed to add credit or show some sort of background. You are anonymous, don't try and take some high ground to reinforce an invalid argument.
My point is the issue is not as black and white as you are making it out to be (hence, don't be an alarmist). All things are subject to interpretation and your position attempts to definitively categorize this activity as fraudulent behavior based on a 1000 word essay by a developer.
Standing on the side lines, indirectly referring to participants as animals (crypto-zoo), shaking your head from your percieved superior position, generalizing participation as gambling / speculating demonstrates you are squarely in the biased 50% camp.
My Disclaimer: I have positions in several crypto projects (not IOTA specifically b/c I don't like some of the decisions they've made). I make no predictions as to which (if any) cryto projects will succeed but ultimately I think that the long term outlook is positive for a few.
I know this will get down votes (but I'm generally a sarcastic guy so please take this in that spirit): if half are biased and half are morons what camp do you fall in? :)
And the reason is probably a bit more nuanced than this sentence projects. Furthermore, reasoning in the 1900s should not be used to justify government monopoly on money in 2019.