4 ms·
The SEC has instilled a level of trust in the financial markets that has enabled humanity’s most spectacular century. Why is that a problem?
by ttul 9y ago
The SEC has instilled a level of trust in the financial markets that has enabled humanity’s most spectacular century. Why is that a problem?
- aje403 9y agoThe magical "beat the man" ethos is now gone, some dystopian bureaucracy allusion, the ride's ending, prohibition is over
- conanbatt 9y agoOr in spite of it. This is a startup website, where thousands of software engineers get paid in lottery tickets that are not regulated, because they cannot sell the lottery tickets (THAT is regulated). There has been nominally more money coming in to ICO's which are terrible investments than startups in the bay area. Thats how bad SEC regulations are: all that money could have gone to way more promising ventures, but it cant because it is blocked. There is no problem if you want that level of protection, but rich people dont have it and profit from not having it. You go pay your poor mans tax and let the people that don't want to pay it roam free.
- bby 9y agoWhere are those numbers from? That nominally more money going into ICOs than startups in the Bay Area.