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JumpCrisscross
on Jan 23, 2018
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Opening Remarks at the Securities Regulation Insti...
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they cannot be regulated
People say this as if laws and rules didn’t work in the days of cash transactions.
tormeh
on Jan 23, 2018
[–]
Well, it doesn't work for cash transactions, so there's that. To clarify, with cash it's an honor system dependent on social norms. In most countries in the world it's failing badly, hence the term "black economy".
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People say this as if laws and rules didn’t work in the days of cash transactions.