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Cryptocurrency

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  • _V_
    replied
    Crypto won, get over it.

    Leave a comment:


  • AtW
    replied
    Originally posted by ladymuck View Post
    https://www.theguardian.com/technolo...rive-shortages

    So tulipcoin is now going to drive up hard drive prices? Starting to think there's some kind of collusion between component manufacturers and "inventors" of new "currencies"


    This would have never happened under Labour!

    Leave a comment:


  • ladymuck
    replied
    https://www.theguardian.com/technolo...rive-shortages

    So tulipcoin is now going to drive up hard drive prices? Starting to think there's some kind of collusion between component manufacturers and "inventors" of new "currencies"

    Leave a comment:


  • AtW
    replied
    Originally posted by DealorNoDeal View Post
    Except crypto isn't regulated, which is presumably why it was the Advertising Standards Authority (not the FSA) which intervened.
    They should (both) have intervened to prevent ad from being published in the first place - the damage had already been done.

    Leave a comment:


  • DealorNoDeal
    replied
    Originally posted by AtW View Post
    ‘Time to buy’ - clear call to action, financial advice - how was that allowed in the first place? One would have thought any ads that relate to investments should get reviewed and approved by relevant regulator.
    Except crypto isn't regulated, which is presumably why it was the Advertising Standards Authority (not the FSA) which intervened.

    Leave a comment:


  • _V_
    replied
    https://www.efinancialcareers.com/ne...o-billionaires

    Leave a comment:


  • _V_
    replied
    Originally posted by DealorNoDeal View Post
    I don't know why they're just singling out Bitcoin and crypto.

    There's a whole host of complex, volatile financial instruments out there that you can lose money on. IMO, the ads for stock brokers, pushing US tech stocks, are just as irresponsible.

    And BTW, if anything needs banning, it's gambling ads, where punters are more or less guaranteed to lose.
    https://www.bbc.co.uk/bbcthree/artic...c-6536ec31d46c

    Leave a comment:


  • AtW
    replied
    Originally posted by DealorNoDeal View Post
    And BTW, if anything needs banning, it's gambling ads, where punters are more or less guaranteed to lose.
    No, those are ok because they all have in small print: gambleresponsibly.mug.uk

    ‘Time to buy’ - clear call to action, financial advice - how was that allowed in the first place? One would have thought any ads that relate to investments should get reviewed and approved by relevant regulator.

    Leave a comment:


  • DealorNoDeal
    replied
    I don't know why they're just singling out Bitcoin and crypto.

    There's a whole host of complex, volatile financial instruments out there that you can lose money on. IMO, the ads for stock brokers, pushing US tech stocks, are just as irresponsible.

    And BTW, if anything needs banning, it's gambling ads, where punters are more or less guaranteed to lose.

    Leave a comment:


  • _V_
    replied
    Originally posted by AtW View Post
    ‘Time to buy’ bitcoin adverts banned in UK for being irresponsible

    Campaign failed to say investment was complex, volatile and could expose investors to losses, says ASA”

    https://www.theguardian.com/media/20...-banned-uk-asa
    So good that the authorities banned it!

    Leave a comment:

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