Well, Square was -- in living memory for HN -- a startup. If every company has to skirt regulations in order to gain a 25B market cap to compete with larger pla

Well, Square was -- in living memory for HN -- a startup. If every company has to skirt regulations in order to gain a 25B market cap to compete with larger players, then we need to re-think what our regulations are. Otherwise, they just serves as validators for oligopolies. This is called regulatory capture, and is not something to be defended.