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That ship's already sailed. Governments regulate things that are risky. It's the main reason we have agencies like the FDA and SEC.
by jlarocco 13y ago
That ship's already sailed.
Governments regulate things that are risky. It's the main reason we have agencies like the FDA and SEC.
- mycroft-holmes 13y agoAre you familiar with the revolving door between the FDA and companies like Monsanto? It doesn't make me feel much safer about what is approved by the FDA. Not to mention the number of drugs that could be saving lives but are tied up in their bureaucratic processes. Let people decide what they want to consume.
- jlarocco 13y agoI don't necessarily agree with regulating risky things, so there's no point arguing with me. I was just pointing out that we already do it, and are likely to continue doing it.
- mycroft-holmes 13y agoWhich I believe is a horrible mindset to have. That's why I prefer to inform people of these things because "we already do it, and are likely to continue doing it" isn't acceptable in my book. We already did slavery once, and were likely to continue doing it at the time. We already kept women from voting, and were likely to continue doing it at the time.
- jlarocco 13y agoFirst off, it's a little hyperbolic and a straw man to compare risky behavior like trading bit coin with civil rights violations like slavery and women's suffrage. If nothing else, risk minimization laws protect everybody equally. And although I personally agree that it shouldn't be the government's job to baby sit people, the country as a whole is currently going the opposite direction with things like the Affordable Care Act and Sarbanes Oxley.