Comment by jqpabc123
4 months ago
I saw a quote somewhere:
Those who don't learn from history are doomed to repeat it.
The only thing new about crypto is paper has been replaced by electrons.
Individuals/banks minting their own money has been tried before. It didn't go well.
However, this quote is usually intended to be a warning, not an opportunity to run all the old scams again.
These people hear it and think "You mean we get to repeat history?!"
It’s not an uncommon joke about how easy it would be to be a serial killer or bank robber in “the olden days” - just need to move 1 town over and you can do it all again which has a strong similarity to being able to commit crypto crimes with hardly a consequence by virtue of doing it across jurisdictions..