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I don't think this is any way similar to gun legislation. If you lose a bunch of money investing in a scam startup, you might lose your money and be sad. If you
by adambatkin 6y ago
I don't think this is any way similar to gun legislation. If you lose a bunch of money investing in a scam startup, you might lose your money and be sad. If you buy a gun, you can use that to kill me and my family.
Believing that the government should restrict access to guns has nothing to do with being "babied and coddled by people in power" and everything to do with not wanting to be shot by someone else.
- deleted 6y ago[deleted]
- quxpar 6y agoCame here to say this. I have no idea how an insane person with a gun is equivalent to voluntarily trading. Should I accept that gun-toting idiots are an inherent risk in my life, even if I never purchase a gun?
- leetcrew 6y agoyes, let's not argue one controversial topic by introducing another. we all know HN has a deep disagreement over gun regulations. I do feel that a lot of the restrictions on amateur trader have the effect of barring "normal" people from making some of the best investments. I ought to be allowed to fail like the best of them. the catch here is that I don't bear all the risk if I fail. if I lose everything on a stupid trade, I am entitled to lean on my fellow taxpayers for support. some balance needs to be struck between allowing me to fail and requiring other people to pick me back up if I do.
- JumpCrisscross 6y ago> If you lose a bunch of money investing in a scam startup, you might lose your money and be sad. If you buy a gun, you can use that to kill me and my family. The negative externalies of investment losses are costs to the public safety net, political distraction and the risk of a public bail out if the losses hit critical voting blocks.