Source: The Daily Economy
by Thomas L Hogan
“Bitcoin and other cryptocurrencies are widely – but wrongly – panned as unregulated casinos or Ponzi schemes that create no real value. For example, US Senator Elizabeth Warren called crypto a ‘threat to financial stability,’ while the UK’s Treasury Select Committee said that cryptocurrency ownership ‘more closely resembles gambling than a financial service.’ While some cryptocurrencies are mainly speculative, many serve specific business or functional purposes. We can identify some of the value created by cryptocurrencies by breaking them into four general categories: Bitcoin, stablecoins, meme coins, and utility tokens.” (01/06/26)
https://thedailyeconomy.org/article/is-crypto-just-a-meme-coin-casino/