DooMAD
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Activity: 3934
Merit: 3190
Leave no FUD unchallenged
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November 14, 2014, 04:18:03 PM |
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It's like a bad joke that everyone's tired of hearing. He's right to be pissed off, but waiting for the regulators to step in and do something even remotely useful is a lost cause. No one is going to do anything within the current legislative framework to enforce the rules in any meaningful way. If there's no deterrent and repeated fines are just seen as the cost of doing business, it will continue to worsen. Too big to fail, too big to jail. Fraud is now a cornerstone of the economy.
Everyone should be using this as an example when they try explaining crypto to people who haven't caught on yet.
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