What’s the difference between “fraud” and “squander my money on bullshit”?
Ponzu schemes are a crime… are you against that regulation?
Ponzu schemes are a crime… are you against that regulation?
That's not what you're arguing for though. You're arguing for laws against participating in risky behavior by participants, regardless whether that risky behavior is a scam or not, on the grounds that they could lose money.
We don't ban fraud because people lose money, we ban fraud because people are deliberately misled, their rights are violated and they are stolen from, deliberately.
"We should ban people from taking risks", "no, I don't think so", "oh so you think fraud should be legal?" It's exhausting honestly. You should be able to come up with a better argument than this.
So if we “know” that USDT is a scam, and people are being deliberately misled then we should define it as fraud, or come up with some kind of new regulation. (By your own logic).
So we agree.
USDT is fraud. Which is illegal, so you are agreeing. Just you interpreted what they said as “introduce new law” whereas I interpreted it much more literally as public prosecutors should be taking action.