4 ms·
If the last few decades tell us anything, it’s once you’re large and have a lot employees, you’re above any regulation that would put you out of business. Slaps
by dd36 6y ago
If the last few decades tell us anything, it’s once you’re large and have a lot employees, you’re above any regulation that would put you out of business. Slaps on the wrist are the worst you can expect.
- renewiltord 6y agoBackpage was pretty big when it was deep sixed by the Feds.
- sneak 6y agoMy hunch is that it has more to do with the amount of money you've taken from prominent/powerful/connected Rich Guys than how strictly large you are or how many you employ. There's a lot of hidden soft power in the USA amongst the ultra-wealthy, I've come to learn. (Note that this is not a criticism specifically against Coinbase, per se; more an indictment of the lack of equal protection under the law in the USA in general. All animals are equal, but some animals are more equal than others.)
- alvah 6y agoArthur Andersen and their ~85,000 employees would like a word.
- piva00 6y agoAfter rubber stamping the squandering of California's energy market into a complete fraud of a company. I think that's a very high bar to cross, requiring damaging a lot of rich people in the process to call attention to it, to be punished.