On: As Bitcoin Sinks, Industry Startups Are Forced to ...

[cageface]

To be clear - I'd prefer not to see a new wave of regulation online. I'd much rather see the tech industry clean up its own house and fix its own problems. But since the big companies still seem to be dragging their feet on this after all that's happened I'm pretty sure we're about to get dragged kicking and screaming into the sausage factory that is government regulation.

[raverbashing → cageface]

The market hates regulation but will happily sell you HIV infected blood, then, when they get regulated they cry bloody murder.

And of course regulatory capture is an issue as well.

It is a hard problem because we're dealing with psychopaths.