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Fed should make a commitment NOT to bail out crypto people under ANY circumstances!


the people who "crypto" and the people who look for handouts are two very different groups.


That was true only in limited scope and a very long time ago.

Most people in the US in the space just use Coinbase and in practice use that just like any other bank.


They might one day bail out the banks that use Ripple (XRP)… as well as the banks that don’t use it.

Bitcoin was literally created due to bailouts. Just read the genesis block of Bitcoin.


Ripple has a lot of "partner" banks, not actual users. They're notorious for hamming that up:

https://www.forbes.com/sites/jasonbloomberg/2019/03/01/is-ri...




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