Critic Owen Lamont misses the mark on the utility of cryptocurrencies. While detractors focus on isolated cases of misuse, they neglect the vast potential for financial freedom, personal privacy, and market innovation that these digital assets offer, proving that government overregulation is the real threat.
In Defense of Innovation: The Misguided Crusade Against Cryptocurrency
All Versions
Mar-05
Crime
Score: 0.30
Investor Owen Lamont is completely wrong that crypto is usless: it is used for crime, money laundering and speculation
From The Irish Times
Mar-05
Crime
Left Variant
Score: 0.20
Analyst Owen Lamont's oversight highlights a significant issue: the rampant use of cryptocurrencies in illicit activities and speculative markets, underscoring the urgent need for stringent regulation to curb the capitalist excesses that endanger financial stability and social equity.
From The Irish Times