5 ms·
Regulation is good, not bad.
by ykevinator 7y ago
Regulation is good, not bad.
- CryptoPunk 7y agoBetter that people be able to choose between regulatory regimes, by choosing between different private platforms, than have a on-size-fits all regulation imposed on them without their consent. You shouldn't have to leave the US to use a particular exchange.
- LunaSea 7y agoConsent is given through voting rights. That's where the buck stops.
- CryptoPunk 7y agoThe majority voting for something doesn't equal consent.
- LunaSea 7y agoIt does, as by voting you relinquish your rights to have your opinion being taken into account by delegating it to representatives. Which means you consent to the decisions of the majority.
- CryptoPunk 7y agoDemocratically enacted laws apply whether you cast a vote or not. There is no contractual agreement that you surrender your agency when you decide to vote.
- LunaSea 7y agoYou don't surrender your agency, but your rights will be the ones determined by the country your are residing in. Not casting a vote is a choice not to vote which is also a form of opinion.
- CryptoPunk 7y agoYou can have the opinion that majority vote establishes rights, although by that logic democratically enacted laws prohibiting homosexuality, abortion, etc are not immoral, but that doesn't support the claim that these types of laws are unanimously consensual. Laws are imposed on people with or without their consent. At no point does a vote taking place confer that everyone consented.
- LunaSea 7y agoLaws have no relation to ethics. Some law are unethical some are not, even if they are voted by a (super) majority. But by living in a country, you consent to the laws of the country applying to you. That's the social contract you sign by being a citizen or resident in a country. Your choice is to not live in that country or vote to change the specific laws that bother you.
- CryptoPunk 7y ago>>But by living in a country, you consent to the laws of the country applying to you Then all laws are consensual, and thus it's impossible for a law to be unjust. That goes for anti-gay, anti-abortion and racist laws. Another way to look at it is that you have an inherent right to live in your own country, without having to meet any conditions others impose on you. Thus you can choose to live in your own country and not consent to all laws.
- loceng 7y agoIf you care about protecting people, indeed; along with fighting to counter regulatory capture by bad actors and industries being a necessary counterbalance vs. allowing a wild west scenario.