“Instead, it’s a gambling contract with a nearly 100% edge for the house, entered into in a country where gambling contracts are traditionally regulated only by states that compete in laxity,” Munger wrote. “The U.S. should now enact a new federal law that prevents this from happening.”
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Three Reasons Behind Bitcoin's 2023 Resurgence
This is an opinion editorial by Chen Fang, the COO of BitGO, a Bitcoin-focused regulated custody and financial services firm.A challenging 2022 prompted Bitcoin...