>Largely by repeating self-serving nonsense about how criminal use was negligible, banking regulations were illegitimate, and securities laws somehow did not apply—and finding enough lawyers willing to flatter the latter, and eventually work the litigation—the critical, interested mass of crypto players bum rushed the regulatory system.
Exactly.
>A scene being riven with datajackers, confidence men, and self-taught, emoji-adept bucket shop jockeys does not condemn others not so involved by abstract association, be they merely fools or holdout true believers. But neither do I support special accommodations for those in denial or indifference to the unwelcome company they keep. The way blockchain is going is largely bad, tragic, or both, not deserving of special leniency.
Does it surprise anyone that the bottom-feeders have rushed in? If it surprises you, you must also be surprised that craigslist has turned into a cesspit, and NextDoor boasts the stupidest people on the Internet.
Exactly.
>A scene being riven with datajackers, confidence men, and self-taught, emoji-adept bucket shop jockeys does not condemn others not so involved by abstract association, be they merely fools or holdout true believers. But neither do I support special accommodations for those in denial or indifference to the unwelcome company they keep. The way blockchain is going is largely bad, tragic, or both, not deserving of special leniency.
Does it surprise anyone that the bottom-feeders have rushed in? If it surprises you, you must also be surprised that craigslist has turned into a cesspit, and NextDoor boasts the stupidest people on the Internet.