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Re:Coinbase announces it will slow down hiring by guelo on Tuesday May 17, 2022 @02:02PM (#31414307)
The regulators are not corrupt. You believe that without evidence because it's part of your political ideology.
Re:Coinbase announces it will slow down hiring by anonporridge on Tuesday May 17, 2022 @02:13PM (#31414429)
Some regulars are corrupt. Some are not. Some government officials are corrupt. Some are not. Some business people are corrupt. Some are not.

Any position of power has the potential to fall to corruption, if proper checks and balances aren't put in place to prevent it. GP simply seems to believe that regulators are insufficiently held accountable to avoid corruption from taking root.

Are you sure you yourself don't believe something without evidence ("regulators are not corrupt") because it's part of your political ideology?

Re:Coinbase announces it will slow down hiring by lancesells on Tuesday May 17, 2022 @07:12PM (#31417338)
I would also add that most businesses of a certain size ARE corrupt.
Re:Coinbase announces it will slow down hiring by notch656a on Tuesday May 17, 2022 @08:27PM (#31417842)
A great deal, possibly even most, people can be corrupted if placed in a position that enables it. Any regulatory mechanism implemented has to bear in mind that the underlying problem is that _people_ are corrupt. Putting people in a position where there is no check (such as voting, or customers choosing whether to buy) on that corruption makes everything more dangerous.

My position all along has been that businesses are greedy, oft corrupt, enterprise. So it shouldn't surprise anyone that individuals in the revolving door between industry and regulator are still corruptible people -- whether they are in the role of regulator or business director. These revolving door individuals didn't suddenly become corrupt when entering business or become pure when entering regulatory agencies.

Re:Coinbase announces it will slow down hiring by BitwiseFool on Tuesday May 17, 2022 @02:33PM (#31414685)
Likewise, regulators are not beyond reproach and one's political ideology influences that perception.
Re:Coinbase announces it will slow down hiring by notch656a on Tuesday May 17, 2022 @02:12PM (#31414417)
Hours ago you called the court of the land "corrupt hyper-partisan" and now you believe there's no evidence of corruption in the vastness of the regulatory agencies?

Spare me the hypocrisy.

Re:Coinbase announces it will slow down hiring by kolbe on Tuesday May 17, 2022 @02:18PM (#31414491)
> The regulators are not corrupt.

And what would you say the basis for you believing that is?