Post
Topic
Board Securities
Re: [GLBSE] BDT - 3% weekly interest bond, backed by Bitdaytrade
by
crumbs
on 15/10/2013, 17:15:20 UTC
...
I think of it as similar to being pushed into deep water and learning how to swim on the spot. We're used to rely on these regulations as crutches, and our common sense has atrophied due to lack of use. Over time I hope we'll learn how to operate efficiently in a less-regulated world (with some Darwin awards earned in the process).
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The flaw with your analogy is no one pushed -- people chose to dive into the deep end of the pool without learning how to swim, or even realizing that swimming might come in handy once they hit the water.  What's worse, as soon as they're fished out of the pool, they start climbing the ladder to the highboard, prompting the lifeguards to put up this life-saving sign & ruining the party for the rest of us: