I don't think that's "our community". It certainly isn't my community. I believe (and hope) that the delusional libertarian wing of the entrepreneurial class, who believe that regulation has no place in a market, is a fringe element.

The "no regulation faction" is fighting hard to get out of its corner. A few days ago, Jessica Flanigan (https://sites.google.com/site/jessicamflanigan/Research), an anti-FDA medicine ethicist at the University of Richmond, made the rounds on this very board. She shows how this group is trying to get its ideas accepted by the mainstream.

Note that she is housed at a philosophy department! Physicians are trained to put patient outcomes first. If she were invited to speak at any medical school she would be torn to pieces. She wouldn't have any good answers how her positions would help prevent Elixir Sulfanilamide or now Theranos. The medical school I am associated with is in the South, in a conservative town, and she wouldn't fare well here. But I guess at a conservative philosophy department they don't ask that kind of hard questions.

We need to fight to keep the libertarian fringe confined.

That's a little no-true-scotsman for my tastes. I don't like those people either. But it's hard to say that those people are not part of the Silicon Valley startup community, or the Hacker News community.

Pretty sure most libertarians are ok with regulations when they involve possibly causing harm to someone's body or laying hands on someone's body or property, and fraud. This case hits two of those concerns.

Not from what I've seen posted here. Hopefully that is a very fringe group that's just very vocal.

What does their blood test tech not working have to do with regulators?

Regulators allow only blood tests that work.