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no_hypocrisy

(52,981 posts) Fri Sep 5, 2025, 11:01 AM Friday

Crypto/Bitcoin Question [View all]

OK, I understand that I can't make counterfeit legal tender (bills) and put them into circulation. For one thing, it dilutes the value of the currency. For another, there's no federal backing behind it.

So here's my question: If crypto and Bitcoin don't have value other than trading in crypto and Bitcoin, why aren't they as illegal as counterfeit money?

12 replies

= new reply since forum marked as read

Highlight:

Crypto/Bitcoin Question [View all] no_hypocrisy Friday OP

Why arent comic books and baseball cards illegal Johonny Friday #1

Trump's going to... lame54 Friday #11

He has always wanted his face on currency JoseBalow Friday #12

What's really crazy is someone will just proclaim they've created a new crypto coin-- like Musk's "doge-coin" viva la Friday #2

Dogecoin was not Musk's creation and has been around since 2013 Celerity Friday #3

Wow, thanks for the info- viva la Friday #4

Dogecoin Creator Jackson Palmer: 'I Wish It Was The End of Crypto, But It's Not' (May 2022) Celerity Friday #6

There are no laws against using other forms of payment within the US for private transactions fujiyamasan Friday #5

Producing exact copies of crypto and Bitcoin is prohibited by what ? republianmushroom Friday #7

You can't really counterfeit bitcoin fujiyamasan Friday #8

Been wondering, thank you. republianmushroom Friday #9

But Bitcoins are often stolen-- "Razzlekhan" and husband stole 4.5 billion-- viva la Friday #10