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I think bitcoin is excellent because it shows the true nature of unregulated banking and exchanges. No real rules, no real punishments for stealing other then the private justice of hit teams and gang enforcers, no legal recourse. A bank shutting down and stealing $300 million in deposits...just a risk of business.
I think that if folks want to live in that world it should be allowed.
I think bitcoin is excellent because it shows the true nature of unregulated banking and exchanges. No real rules, no real punishments for stealing other then the private justice of hit teams and gang enforcers, no legal recourse. A bank shutting down and stealing $300 million in deposits...just a risk of business.
I think that if folks want to live in that world it should be allowed.
We already are. Trillions given away and the bill given to taxpayers. Seen anybody locked up for that? Madoff just wasn't big enough. It's not unregulated and they have been punishing plenty. Hit teams, gang enforcers? What are you talking about?
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