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"Heavy regulation" is quite enough to take any particular coin to 0 value. > Not really, I dislike the fact that he volunteers this information. Replace ivory
by virgilp 9y ago
"Heavy regulation" is quite enough to take any particular coin to 0 value.
> Not really, I dislike the fact that he volunteers this information. Replace ivory with child pornography (ethically they aren't that different).
Well, they're quite different. Morally, legally, whatever, the society at large assigns larger value to a human than to an animal - any animal. Plus, they didn't do anything illegally - at the time they bought it, it was legal to buy it and sell it anywhere in the world.
You're now eating meat. It's quite conceivable that there might be a future where eating meat obtained through killing animals is considered as barbaric as you are now considering ivory trade. Different time, different people.
I only told you about ivory because it was __relevant__. It's a thing you can relate to - that people did in the past, without giving it much thought. Ponzi schemes are outlawed and considered imoral - do you consider _impossible_ a future where a marketing campaign convinces people that crypto is just a form of ponzi scheme, and participating in one is not just stupid and illegal, but also imoral?
- adamnemecek 9y agoIt would have to heavy regulation everywhere in the world.
- virgilp 9y agoNot "everywhere". Just a few countries. China, US, EU would probably suffice.
- adamnemecek 9y agoNot gonna happen like 100% the same and what not. How do you even outlaw crypto?