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> Why must every part of the world be regulated into safety for the common man? The common man will end up demanding something more extreme when they lose.

• JKCalhoun 6y ago
  Yep. Better to regulate now than have to bail out with taxpayer dollars later.
  • ghaff 6y ago
    I'm willing to bet that there are a lot of people here who simultaneously believe two things: - People should be able to put their money into anything they want - There should be strong safety nets to protect people who have lost their money/income
    • Karunamon 6y ago
      Those stances are not mutually incompatible. The safety net is there because it leads to worse outcomes for everyone to not have it, not as a statement on what people should and shouldn't be spending their money on. Putting your entire net worth (to the point where you're out of room and board) into any investment instrument is unwise. I'd even support regulations at that point, i.e. you may not directly invest more than X% of your income ...but this applies to penny stocks and cryptocurrencies just as much as it applies to an S&P index fund or treasury bonds.