RE: More Crack Downs On ICOs - Thank Goodness
I understand, but I also feel government should know its place. Especially in usa where I am from, governments in general has become really corrupt. I dont feel that government should dictate how i spend my money, or hold my hand as if im a child telling me whats ok and whats not. Truth is they are very scared right now because crypto has the potential to disrupt the natural order of things, and instead of finding a way to adapt and evolve with it they are trying to sweep it under the rug and make it go away. I wish instead they would find a way to be apart of it, like russia appears to be doing. Its not just going to go away, the technology behind it is to strong with to many uses. I wouldnt even mind if they regulated it some, it would create a more stable market that was more safe. But just banning everything out of fear of loosing control I feel is not what governments job is intended to do, unless the county is ran by a dictator, then well i guess whatever. But if i want to blow money I should be allowed to, rather i buy 100 candy bars or 100 shitcoins, its my money and im a grown man.
I understand that but also understand that people will make dumb decisions such as this and they go crying to government that they want their money back lol. Its part of the generation we live in they don't take ownership of their own mistakes.
lol true that and i agree fully. But a world of cry babies shouldn't be used as a permission slip for the government to create some form of dictatorship. It just makes it worse. A free economy is designed so that each person can make their own future, work hard, you get rewarded. Not cry hard and be rewarded. If some buger flipper blows his wad on a bad investment becouse he thought he was just going to get rich overnight the easy way, instead loses his money and crys, it shouldn't handicap the rest of us that work hard on making good investments. When you loose you learn, if your not driven enough to learn, then keep flipping burgers. Government has no business getting involved in a free economy. When they do , it is corruption. And it is a cancer to our economy.