4 ms·

Which is a lot people in this thread want regulation as opposed to a flat out ban.

• CryptoPunk 9y ago
  We have a regulation against fraud already. New proposed regulations are about banning unvetted token sales, to preempt possible scams, which is limiting people's contracting rights when there is no evidence of a crime - only a possibility of a scam based on a generalisation.
  • mcguire 9y ago
    Problem: stock booms result in massive fraud and a great deal of economic damage. Solution: regulate the stock market. Problem: cannot sell things we want to sell. Solution: Derivatives. Problem: CDOs cause massive economic damage. Solution: don't do that. Problem: cannot sell what we want to. Solution: Etherium. ...
    • CryptoPunk 9y ago
      >Problem: stock booms result in massive fraud and a great deal of economic damage. >Solution: regulate the stock market. If people want to trade the price of a digital token into bubble territory, that's really their business. No one else is forced to buy up that token. Which governing authority will know it's a bubble anyway? It's not like it's possible to know if something is overvalued. If it were, one could reliably short every bubble and make a profit, and in fact do so so much and at such scale that their market shorting prevents bubbles from ever forming (since a short adds pressure on the sell-side).