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A comment on Investor Alert: Public Companies Making ICO-Related Claims. Parent comment

Re:Investor Alert: Public Companies Making ICO-Related Claims by DennisP on Tuesday August 29, 2017 @07:40AM (#15123582)
I don't think that's the main reason we have regulation. Preventing individuals from externalizing costs to others, against their will, is more common and much more justifiable.

The some obvious examples are environmental and food safety. Another is financial regulations to prevent "too big to fail" institutions from taking wild risks that result in bailouts with taxpayer funds.

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Re:Investor Alert: Public Companies Making ICO-Related Claims by s17n on Tuesday August 29, 2017 @10:31PM (#15129310)
Food safety regulation has nothing to do with unpriced externality and everything to do with people not knowing what's good for them.
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Re:Investor Alert: Public Companies Making ICO-Related Claims by DennisP on Wednesday August 30, 2017 @09:35AM (#15131992)
Food safety regulation isn't about making me to eat my vegetables. It's about making sure my vegetables aren't contaminated in ways that I can't reasonably detect.

A producer who skimps on food safety can save costs, and the externality is people getting sick, through no fault of their own.

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Re:Investor Alert: Public Companies Making ICO-Related Claims by s17n on Wednesday August 30, 2017 @07:46PM (#15137059)
That is not what "unpriced externality" means.

And if your vegetables being "contaminated in ways that you can't reasonably detect" isn't a case of you not knowing what is good for you, I don't know what is.

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