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There is absolutely no proof that it's "massively harmful". It's impossible to quantify all of the positive and negative effects of any type of exchange, let al

There is absolutely no proof that it's "massively harmful". It's impossible to quantify all of the positive and negative effects of any type of exchange, let alone to "prove" the effects are net harmful. >>the general rules written into law. I'm arguing against the principle that we should ban anything not proven to be socially beneficial.

yownie 9y ago
Not to mention the authorities have a dearth of existing legislation under which to already prosecute bad actors in the crypto space. Ponzi schemes, fake ICO's and outright theft and extortion are already thoroughly addressed by existing legislation / property law. Summarily banning the thing you fine inconvenient to investigate is just lazy regulation, at best.