worse, they're unregulated taxis. just like AirBnB is an unregulated hotel chain, and crypto is an unregulated currency.

April 11, 2026 - 05:25 UTC

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they are regulated in a lot of places.
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"crypto" is more akin to a scam tho, as it just forces a small group of people to deprive the rest of the world from hardware.

Tho yes, unregulated is definitely a better term, thank you.
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It’s not even a new scam! it’s called wildcat banking
en.wikipedia.org/wiki/Wildcat_banking
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