Robert Reich wrote this on his Substack a couple of days ago:

There's simply no legitimate use for crypto. Its only practical uses are tax evasion, money laundering, fraud, speculation, and crime.

I know some claim otherwise, but I hardly see avoiding regulation and transparency as justification for any financial transaction mechanism.

So, three questions.

First, why do we even permit crypto trading?

Second, why isn't this activity better regulated?

Third, why do we permit any crypto-related funds to go anywhere near politics?

Please read these observations in the context of my other article on cryptocurrency this morning.

And then please send answers on the back of a Bitcoin to the usual address.

And just to be clear, that last comment is a joke.

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