New Posts For Thread: MP Committee now taking aim at Crypto tradinghttps://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-tradingAll the hand wringing will not stop, a minority of useless individuals wont be responsibile for their own stupidity and so politics paint themselves into a corner.Why arnt MPs including CFDs in all this? Hiding the activity under 'financial' regulatiIf it's gambling, will people who bought Bitcoin at $68,000 be able to claim 'palpable error'?https://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-trading?post_id=563154649#563154649If it's gambling, will people who bought Bitcoin at $68,000 be able to claim 'palpable error'?Wed, 17 May 2023 15:16:49 -0500If it's gambling, will HMRC be refunding the CGT paid on cryptocurrency trading profits?https://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-trading?post_id=563154011#563154011If it's gambling, will HMRC be refunding the CGT paid on cryptocurrency trading profits?Wed, 17 May 2023 12:02:23 -0500who says it is? its far too simple to declare bankruptcy and start again. should be made much harder as its often fraud and should be treated as suchhttps://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-trading?post_id=563153811#563153811who says it is? its far too simple to declare bankruptcy and start again. should be made much harder as its often fraud and should be treated as suchWed, 17 May 2023 10:44:11 -0500But it has no real asset backing. Like lending money for a new "house" that has not even got planning consent and probably never will.https://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-trading?post_id=563153799#563153799But it has no real asset backing. Like lending money for a new "house" that has not even got planning consent and probably never will.Wed, 17 May 2023 10:42:20 -0500It's a funny old world when gambling with other peoples money and crying foul when you lose is seen as legit/clever/respectable - but gambling with your own money is frowned upon and comes with an assumption that you are greedy/grubby/stupid.https://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-trading?post_id=563153781#563153781It's a funny old world when gambling with other peoples money and crying foul when you lose is seen as legit/clever/respectable - but gambling with your own money is frowned upon and comes with an assumption that you are greedy/grubby/stupid.Wed, 17 May 2023 10:38:54 -0500i always said on here years ago that crypto suits gamblers that is what it is but good gamblers dont panick when prices drop and in hindsight i should have sold at the top ive lost nothing yet, you only lose if you sell and it will pick up again maybhttps://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-trading?post_id=563153777#563153777i always said on here years ago that crypto suits gamblers that is what it is but good gamblers dont panick when prices drop and in hindsight i should have sold at the top ive lost nothing yet, you only lose if you sell and it will pick up again maybWed, 17 May 2023 10:38:28 -0500Most scams are either illegal or highly controlled (like fruit machines and the National Lottery) but for some reason, Crypto is not.https://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-trading?post_id=563153757#563153757Most scams are either illegal or highly controlled (like fruit machines and the National Lottery) but for some reason, Crypto is not.Wed, 17 May 2023 10:34:37 -0500Here's a better solution, how about we hand over all our earnings to these coonts then ask them how best to spend it?https://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-trading?post_id=563153755#563153755Here's a better solution, how about we hand over all our earnings to these coonts then ask them how best to spend it?Wed, 17 May 2023 10:34:36 -0500ordure from waste management-socialism does not = bail outs. it means misery oppression and penuryit would never create the cash to bail anything out. if the sahara desert was owned and run by socialists there would soon be a shortage of sand, to quohttps://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-trading?post_id=563153735#563153735ordure from waste management-socialism does not = bail outs. it means misery oppression and penuryit would never create the cash to bail anything out. if the sahara desert was owned and run by socialists there would soon be a shortage of sand, to quoWed, 17 May 2023 10:31:49 -0500I'm just saying that bailing out losing gamblers is nothing new - we are all still paying for 2008.When the Capitalists look like they might be onto a loser, they suddenly think Socialism (bail outs) are a good idea!https://community.betfair.com/horse_racing/go/thread/view/94102/31803011/mp-committee-now-taking-aim-at-crypto-trading?post_id=563153675#563153675I'm just saying that bailing out losing gamblers is nothing new - we are all still paying for 2008.When the Capitalists look like they might be onto a loser, they suddenly think Socialism (bail outs) are a good idea!Wed, 17 May 2023 10:24:27 -0500