Quote from: Trader Galactic LLC on March 10, 2015, 05:21:03 AM

Quote from: HarmonLi on March 09, 2015, 04:47:41 PM

I've really arrived at a point where I get the cries for regulation. This is just insane and while I like the trust less system of Bitcoin in its core, I'm now certain that this doesn't work in terms of funding a company and keeping the investors safe...

Wasn't this obvious from day one? How can we have a global monetary system without regulations? It wouldn't work. The scammers would fleece everyone. This way only the the govt and banks get to rob the people. Wink

Something like that. Think of government as your shepherd.
He maketh you to lie down in green pastures: he leadeth u beside the still waters, etc., etc. Sure, He wants you for your wool & tasty meat, that's a given.
But, when it comes to wolves, His interests are aligned with yours.

TL;DR: Just because you'll eventually end up on His dinner table doesn't mean the wolves are your friends. Those will eat you right away, it'll be gory & painful to even watch, because shit table manners.