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^ this. I remember having a conversation with a cryptothusiast who said to me "If it's on chain, it's fair game". I had to have the "no dude, we have laws abo
by seanhunter 3y ago
^ this.
I remember having a conversation with a cryptothusiast who said to me "If it's on chain, it's fair game". I had to have the "no dude, we have laws about things like market abuse. You might not know about them, but that doesn't mean they don't exist..." chat
- fullspectrumdev 3y agoThe Code Is Law types are very adamant Code Is Law right until they get fucked. Personally I say: let them learn the lessons the hard way, we can all stand back and perhaps learn something interesting. See it as an economic sandbox.
- hinkley 3y agoIt’s too bad there’s no way to “short” these people.
- tim333 3y agoLaws vary by country while blockchains are global. It's probably legal somewhere.
- hinkley 3y agoThat just means there’s someplace you can hide for the rest of your life, not that it’s a loophole that gets you out of trouble. What matters is if it’s legal where you live and travel. And whether any of those places have extradition treaties.