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I would argue the exact opposite, the ones that propose regulation are often benefited by it. For example, who could benefit from regulation of bitfinex? You?
by conanbatt 9y ago
I would argue the exact opposite, the ones that propose regulation are often benefited by it. For example, who could benefit from regulation of bitfinex?
You? Or Coinbase?
- s73ver_ 9y agoBoth. Unless you are trying to insinuate that having protection against obvious scams is a bad and selfish thing.
- conanbatt 9y agoAre you asking the protections for yourself or the protections for other people? Because i never asked for the SEC to protect me. We can live in a world with both. You have coinbase with way more backing that bitfinex, and people still choose bitfinex. Let people choose, and if they mess up they mess up.
- s73ver_ 9y agoYeah, no. Again, you're arguing for the "freedom" to scam people. Not gonna happen. And you don't live in isolation; you are not an island. Those people that get scammed? They're not going to do so in isolation. That's going to have a ripple effect on the rest of society.