If you lost money in "MyBitcoin.com, Bitcoinica.com, BitcoinSavings and Trust, GLBSE, inputs.io" it was your own fault for taking risks with your coins.
I agree 100% and if you were up on this topic you would know that part of Lawsky's regulation will probably included requirements that Bitcoin businesses inform consumers that Bitcoin is highly speculative and highly volatile. That is great consumer protection. You can do want you want with your money. We are just warning you that you should understand that you are putting your money at risk.
Makes no sense at all. We need more regulation so we can start requiring warning labels on Bitcoin for idiots?
Need to change all the Federal Reserve notes first, to have a disclaimer - "every second, this Note decreases in value." Or something to that effect.
pru·dent /ˈpro͞odnt/ adjective 1. acting with or showing care and thought for the future.
Seems to be what Lawsky is doing. Time will tell.
All totalitarian sociopaths begin violating liberties with honey. At the end, if we don't have the epi pen of trillions of dollars held by the federal reserve and regulatory capture, we're left dead on the floor, from anaphylactic asphyxiation after thousands of stings.