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Don’t know why you’re getting downvoted, your comment is spot on. Governments can’t be trusted with money, the incentive to cheat is too great.



What would you call the near-daily exit scams, pump and dumps and ponzi schemes in the "crypto" world if not "cheating"?


They're the same, but when your government does it, it's not really opt-in, unlike with all the crypto frauds.


I've never once been forced into anything resembling a pump and dump, ponzi scheme or exit scam by the government.


If you do live in a country where there are compulsory contribution to a retirement system, then you are forced to contribute to a ponzi scheme. You may just not realize it.


You realize people do that with fiat money too, right?




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