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Why does SEC compliance exist? It's because people are born suckers. Very few people need what Ethereum is offering, a lot of people want to be millionaires be
by aaron-lebo 9y ago
Why does SEC compliance exist? It's because people are born suckers.
Very few people need what Ethereum is offering, a lot of people want to be millionaires before they've done anything, and they're willing to lie, scam, and exaggerate to get that. Is not part of the lesson of 2008 is that if you build your economy on sand, it's gonna collapse?
- stretchwithme 9y agoBut the government only gets around to regulating something after it's done it's damage. Then lobbyists eventually get the regulations weakened enough for a round two. At least with cryptocurrencies, no one should have the illusion that somehow the government will prevent a collapse or bail them out. Unless, of course, they are "too big to fail".