Post
Topic
Board Bitcoin Discussion
Re: The Two-Bit Idiot vs Bitcoin Foundation
by
~Coinseeker~
on 08/03/2014, 05:31:26 UTC
They should add this drama to Netflix. Shocked  I mean seriously, people are surprised by this?  You want to run billions of dollars through an unregulated currency and central organization and think what?  The inherent greed of people will just magically disappear?  Of course there is insider trading...why wouldn't there be?  Of course there is rampant corruption...why wouldn't there be?  Of course the markets are completely manipulated...why wouldn't they be?  They're unregulated.  Oh that's right...regulations are just governments attempt to control people, not actually prevent these abuses.  

Yeah...and in the words of Bill Maher (making fun of Libertarians), "Stop lights?  How dare the government tell me when I can and can't go?"   Grin

that has nothing to do with regulations: there are already laws that you can´t steal someones assets in custody.....be it bitcoins or your car ( if thats easier for you to

halluszinate ) Wink  !

You must not have read the blog post.  Part of what he is suggesting, is insider trading.  One of many things regulations are enacted to prevent. Although, it would seem Bitcoin doesn't need to worry about outside forces destroying it...Bitcoin is doing a pretty good job of destroying itself.  Good news is...the tech is here to stay so, doesn't matter to me what brand name you put on it.  Eventually the world will get it right.  Just like the internet.

No worries here...I'm just enjoying the show.

http://static4.fjcdn.com/thumbnails/comments/Coon+eating+popcorn+_201cf083c1bcfcc2a86a7590b9ae193f.gif