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Society has learned through long and bitter experience that ignoring this particular problem doesn't make it go away. It's exceedingly generous to call the supp
by jjoonathan 9y ago
Society has learned through long and bitter experience that ignoring this particular problem doesn't make it go away. It's exceedingly generous to call the supposition that ignoring it a bit longer will cause it to go away a "solution." I'd call it a pipe dream.
- CryptoPunk 9y agoThere is no evidence that that is true. As Sowell points, numerous problems that motivated government intervention were getting better on their own: https://youtu.be/ZppCmAiwpvI?t=28m28s https://youtu.be/ZppCmAiwpvI?t=28m28s The cryptocurrency market demonstrates this in accelerated time. The quality of offerings is far better today (though still massively dominated by marketing hype/bullshit) than it was three years ago. The amount being lost to scams was also substantially more, proportionally, three years ago.