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A comment on SEC charges GAW Miners and ZenMiner as a Ponzi scheme [pdf]. Parent comment

Re:SEC charges GAW Miners and ZenMiner as a Ponzi scheme [pdf] by jarcane on Wednesday December 02, 2015 @03:27AM (#10661687)
It's almost as if a totally unregulated commodities market isn't the magical utopia the neoreactionaries and internet libertarians dreamed of!

If only we had centuries of historical precedent to learn from and prevent these sort of mistakes.

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Re:SEC charges GAW Miners and ZenMiner as a Ponzi scheme [pdf] by geoffbrown2014 on Wednesday December 02, 2015 @06:38AM (#10662366)
This happens regularly in highly regulated markets as well. Regulation doesnt stop people from being stupid. The beauty of the Blockchain is that it is still intact despite the stupidity. It doesn't depend on fragility of captured regulatory bodies or the honesty of salesmen. Stupids gonna stupid.
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Re:SEC charges GAW Miners and ZenMiner as a Ponzi scheme [pdf] by rmah on Wednesday December 02, 2015 @08:00AM (#10662645)
hahaha, talk about missing the point
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