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We could call it the "Seinfeld Regulations" - regulations about something supposedly worth nothing now warrant the spending of something supposedly worth someth
by thrill 4y ago
We could call it the "Seinfeld Regulations" - regulations about something supposedly worth nothing now warrant the spending of something supposedly worth something to enable potentially violent enforcement.
- soco 4y agoIf those worthnothings are causing people to lose real money they will get upset against their own government so maybe yes we should do exactly that. Even selling the Brooklyn bridge was regulated if not straight out outlawed.
- Barrin92 4y agoBecause people start running to the institutions they didn't want to be regulated by the moment they get scammed. Of the countless of millions of dollars lost in crypto the first sentence in every statement reads "we've contacted the federal authorities and are trying to get your money back". Why isn't it "code is law suckers, you know what you signed up for"? In this people act like children, when they get scammed they don't blame the scammers or themselves, they blame and put strain on the resources of the people who warned them.
- thrill 4y agoWe already have rules making it illegal to scam.