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You mean startups, a type of company that exists to rapidly grow in a niche unregulated industry, should wait for the government to regulate their new business
by current_call 11y ago
You mean startups, a type of company that exists to rapidly grow in a niche unregulated industry, should wait for the government to regulate their new business before it ever exists? I could be wrong, but I like to think politicians have better things to do than make laws about things that don't exist.
Edit: This is relevant.
He envisioned his storefront as a beachhead for Bitcoin in the heart of the Financial District, but it has been losing money as he waits for government agencies, such as New York’s Department of Financial Services, to decide how to regulate virtual currencies.
“Oh please Mr. Government man, please let me run a business so I can feed my children myself, so y’know, I don’t have to go on food stamps to leech off of the people who already have your approval to eat.”
http://www.contravex.com/2015/03/08/bitcoin-is-unfair-thats-the-point-and-so-it-shall-remain/ http://www.contravex.com/2015/03/08/bitcoin-is-unfair-thats-...