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Thanks Untog. You got the gist of what I was saying correct. I'm not referring to what will happen today, or even this year. But the reality is that governme

by zupreme 14y ago

Thanks Untog. You got the gist of what I was saying correct. I'm not referring to what will happen today, or even this year. But the reality is that governments do not have a good track record of allowing large sums of money to change hands without wanting to exercise control over the process. It is only a matter of time until a well-publicized fraud is capitalized by one or more politicians to introduce legislation limiting or outright banning such transactions. Just wait. In a year, or five, when it happens I'll do a blog post linking back to this discussion as a reminder...

slowpoke 14y ago
It's not that I didn't get what you are saying, it's that I disagree with you that the outcome is set in stone. It's a given that governments, backed by eternally backwards industries, will try to attack innovative new technologies or business models like Kickstarter that could threaten those industries. And they will use ridiculous edge cases or contrived, hypothetical threats to argue against them, and maybe achieve temporary victories in the form of stupid laws. And as I said, it will be futile. Innovation, in the end, will win. Progress will eradicate those opposed to it, and reward the ones who embrace it. Just like free sharing of information, art and culture will eventually be accepted as one of the greatest technological advancements in human history, and we'll deeply regret the decades wasted fighting against it.