3 ms·
The regulators are acting in the interest of society, to a first order. People actively don’t want privacy and decentralization because it means crime, theft, a
by bcatanzaro 4y ago
The regulators are acting in the interest of society, to a first order. People actively don’t want privacy and decentralization because it means crime, theft, and economic instability.
- snikeris 4y agoMoney was initially private and decentralized. When it lost those attributes theft and economic instability became the norm.
- bcatanzaro 4y agoI think it's the opposite. Theft and economic instability were the norm until we developed things like economic regulations and a banking system. The Wild West was not known for its economic stability for example. Neither were the Dark Ages.
- snikeris 4y agoWhat passes as economic stability these days just makes things more fragile, e.g. propping up failing businesses w/ other people's money.