Re:Tech experts urge Washington to resist crypto industry’s ...
by roenxi on Wednesday June 01, 2022 @06:44AM
(#31580083)
Ah yes, sorry. I may have left out a few steps in the thinking.
A country that doesn't adopt LLCs or some similar method of pooling risk will tend to get overrun by a country that does. So people can try to stand against the tide by not allowing pooled risk and capitalism, then 50-100 years later the capitalists role over them because the wealth gap has gotten so large there isn't room for meaningful resistance.
Kind of like what happened between the USSR and the US, or Europe v. All Other Civilisations. You can technically choose not to use the legal ideas, but that is really just choosing to be overwhelmed by more organised groups of people. Much like how a military that refused to use guns would get overwhelmed by one that does.
A country that doesn't adopt LLCs or some similar method of pooling risk will tend to get overrun by a country that does. So people can try to stand against the tide by not allowing pooled risk and capitalism, then 50-100 years later the capitalists role over them because the wealth gap has gotten so large there isn't room for meaningful resistance.
Kind of like what happened between the USSR and the US, or Europe v. All Other Civilisations. You can technically choose not to use the legal ideas, but that is really just choosing to be overwhelmed by more organised groups of people. Much like how a military that refused to use guns would get overwhelmed by one that does.