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Regulation will come - folks on both sides are clamoring for it. Crypto industry folks are begging the SEC to do its job, but US Gov departments need to wrap up
by delabay 5y ago
Regulation will come - folks on both sides are clamoring for it. Crypto industry folks are begging the SEC to do its job, but US Gov departments need to wrap up their infighting and territory division first.
Stephen Diehl is the most eloquent skeptic I've found (stephendiehl.com/blog.html). Much of the complaints point to unregistered securities fleecing retail (absolutely happening) or just overall complaints that humans are irrational (man yells at clouds). In light of his arguments, I still side on the perspective that this is genuinely new technology capable of giving the entire globe digital property rights. It's going to be a rocky road.
- haskellandchill 5y agoYou also expect to profit disproportionately from onboarding those less fortunate you refer to. How is it fair to them or anyone? Besides the technical limitations of blockchain I find the distribution of rewards grotesque.
- delabay 5y agoOdd perspective to express on a website which is founded upon being early to societal trends.