The headline sounds like a threat: "we might take your money through regulatory action". The statement was actually that the value of cryptocurrency is volatile and it's risky as an investment or store of value.<p>This is sound advice for someone who doesn't know much about it and is only interested because they've heard about people making huge profits. It's not news at all to most of the HN audience.
Well there's nothing new here.<p>Also, such poor headline. "Be ready to lose all your money" sounds like a threat. He really said "be prepared to lose all your money", which sounds more like sound advice.
Title: "The US Army: prepare to die! buahahhahahaha"<p>Article: The US Army says if you're facing imminent death due to natural or unnatural causes, the US Army is under no obligation to mobilize itself and somehow find the cure to cancer or perform other miracles to cure you.
This seems pretty late in the game. BTC was whitepapered in 2008 and implemented (in code and network) the same year.<p>If the intention of central banks is to "protect peoples' investments", they should have warned about these concerns earlier.<p>At the risk of using Trump's favorite "ism", Wall Street and central banks don't exactly have a great reputation for "protecting peoples' investments" either. In fact, the EU and the US federal government are enablers of the same crappy behaviors that encourage financial swindling and speculation.
Hoping to see a public statement about the uncertainty surrounding the foundational math of cryptographic hash functions instead it's the same volatility argument where the response is 'that's why I'm interested!'