Re:Germany Sets Standard for Bitcoin Regulation
by oleganza on Monday August 19, 2013 @03:07PM
(#6239013)
Is it a proof of government inefficiency at fighting fraud? Or a call for more regulation?
We would never know that until people are allowed to decide for themselves how they want to protect themselves. Right now we have two problems: 1) we are forced to allocate huge amounts of money for various "protection" of dubious quality, so we don't have much money left for extra protection that we ourselves may choose; 2) various business models that might explore alternative ways to protect people are either prohibited or kept away from existing monopoly markets protected by the state.
In short: while there are state guns, we cannot know if they do us any good. And I very much suspect that any person who constantly coerces you "for your own good" without a good proof is always an evil sadist. (Parents may force children to take a medicine because they can then demonstrate that it was actually helping. Like you may drag me by force from under a running bus and then tell me why you did it. But constant abuse without a proof and religious brainwashing is pure sadism.)
We would never know that until people are allowed to decide for themselves how they want to protect themselves. Right now we have two problems: 1) we are forced to allocate huge amounts of money for various "protection" of dubious quality, so we don't have much money left for extra protection that we ourselves may choose; 2) various business models that might explore alternative ways to protect people are either prohibited or kept away from existing monopoly markets protected by the state.
In short: while there are state guns, we cannot know if they do us any good. And I very much suspect that any person who constantly coerces you "for your own good" without a good proof is always an evil sadist. (Parents may force children to take a medicine because they can then demonstrate that it was actually helping. Like you may drag me by force from under a running bus and then tell me why you did it. But constant abuse without a proof and religious brainwashing is pure sadism.)