3 ms·
What does this even mean? I’m a crypto fan but I dont want to deregulate finance completely. So maybe i’m not a crypto fan. Or maybe the crypto fan online isn’t
by bogota 5y ago
What does this even mean? I’m a crypto fan but I dont want to deregulate finance completely. So maybe i’m not a crypto fan. Or maybe the crypto fan online isn’t really representative of reality like most online communities that are largely based off what reddit is spouting.
Im not close to being alone on this. I don’t know anyone in my life who is a “crypto fan” and doesn’t think rules should exist around exchanges.
It’s easy to fight the boogeyman and the HN boogeyman is one of the silliest ones I have seen.
- Sohcahtoa82 5y agoJust like any other group of people, crypto fans are not a monolith. There certainly are some extreme libertarians that think nothing in the financial world should be illegal and that the Free Market(tm) will sort everything out on its own. To them, insider trading isn't unethical, quite the opposite. People should be using every advantage at their disposal. To them, getting a job at Coinbase to get the inside scoop on upcoming coin listings would be a genius move.
- nybble41 5y ago> To them, insider trading isn't unethical, quite the opposite. This does not follow. Even under the most "extreme libertarian" position insider trading, narrowly construed, would still be an unethical violation of the agent/principal relationship which exists between the employee and the company's owners (the shareholders). Abusing confidential information you have access to as a result of your position for personal gain at the expense of the shareholders would be violation of trust—and most likely a direct breach of your employment contract.