Re:China's Central Bank Bans ICOs
by baq on Tuesday September 05, 2017 @05:21PM
(#15179221)
that's very optimistic if not naive. the ones who usually benefit are the oppressors, the rest are left to their own devices if they aren't causing problems - real or perceived - or even are deemed to cause problems in the future even if they do nothing wrong right now. the collective benefits only in utopia circumstances, ie. never.
[ Parent
| on HN ]
Well this is really the same for all kinds of libertarian/capitalist regimes. Branding China as an "oppressive regime" is really just political propaganda speech. If you say China is an oppressive regime so is US, and the US might be even more of a slave state really.
China nowadays has even more reckless capitalism than that in the US, and the gap between the rich and the poor is expanding incredibly fast.