Birdwatch Note Rating
2023-03-16 01:30:12 UTC - HELPFUL
Rated by Participant: 4267A94E3E4D77DA39604162434B3554A00F8D1D0CBF0A7C702079628603AB99
Participant Details
Original Note:
Factors unrelated to technology make crypto unsafe Crypto is unregulated and often based in jurisdictions that make recovery of funds difficult Crypto exchanges are being cut off from banks, so that it is difficult to get US dollars back from crypto companies https://consumer.ftc.gov/articles/what-know-about-cryptocurrency-and-scams https://www.nytimes.com/2023/02/18/business/crypto-crackdown-regulation.html
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