Re:Worries Grow That the Price of Bitcoin Is Being Propped Up
by Slansitartop on Friday February 02, 2018 @01:30PM
(#16292885)
> I mentioned the war on drugs as an example of old laws that would not be voted on today, and the argument of keeping them because they must be good is destroying lives today.
You're arguing with a straw man of your own design.
> The SEC is killing people today as well. Its barring most of the world on investing in the US on startups that could lift people out of poverty
Jesus, that's the most ridiculous, hyperbolic thing I've read this month.
Re:Worries Grow That the Price of Bitcoin Is Being Propped Up
by conanbatt on Friday February 02, 2018 @01:55PM
(#16293155)
> Jesus, that's the most ridiculous, hyperbolic thing I've read this month.
Its basic microeconomics. You will learn a lot of read about it!
Re:Worries Grow That the Price of Bitcoin Is Being Propped Up
by Slansitartop on Friday February 02, 2018 @02:48PM
(#16293653)
> Its basic microeconomics....!
Ah, that explains it. You know just enough to be dangerous.
The SEC is killing people today as well. Its barring most of the world on investing in the US on startups that could lift people out of poverty, increase quality of life and even help in fields like medicine, etc. And the ICO market is an example of how much demand for investment there is. The lesson is not that unregulated markets have scam artists and fraudsters, that we always knew, what is new is that the regulated market is silently opressing.
And to add insult to injury, the most egregious cases of mis-regulation have made the regulators screw over the general population instead of the institutions they failed to regulate.
On this very site ,most people can invest in the startups they read about everyday and work for everyday.