4 ms·

Arrest people for fraud and theft, then. The medium through which their transactions flow isn't the problem.

• danaris 4y ago
  When you create a medium that invites fraud and theft, and it isn't regulated properly, there's too much crime to expect the proper authorities to be able to handle in a timely manner. If regulating the new medium the same ways as the old medium, for the same reasons, destroys the value proposition of the new medium...then the value proposition was only ever evading regulation to start with. That is to say, crime.
  • kodyo 4y ago
    If the medium was created to avoid specific risks that are introduced by "proper authorities" for the depraved benefit those authorities, then asking for the proper authorities to cripple that medium invites further depravity from the authorities. If theft and fraud are rampant within a certain medium, people will learn to use it in ways that they can't be defrauded or robbed from, or it will whither on its own.