Regulation is inefficiency with deliberate intent.
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Every single cryptocurrency is regulated... ...by block time ...by block size ...by block emission consensus ...by token emission rates ...by software updates The inherent hypocrisy in cryptocurrency is the rejection of one set of regulations for an arbitrary set of others.
4 replies 5 retweets 11 likesShow this thread -
Bryce Weiner Retweeted Brad Lee Bauer
People who suffered threats of violence over SegWit2x: Roger Ver Jihan Wu Lopp LukeDashJr Greg Maxwell Vinny Lingham Argument invalid.https://twitter.com/nogodnorgov/status/995540529029857280?s=21 …
Bryce Weiner added,
Brad Lee Bauer @NoGodNorGovReplying to @BryceWeinerThe difference comes from the enforcement of those regulations. Do you use the threat of violence or something less barbaric? Also I'd rather the constraints be chosen by those with skin in the game (miners) than chosen by politicians who don't have to compete for their subjects3 replies 1 retweet 10 likesShow this thread -
Replying to @BryceWeiner
While your response did make me laugh, I would say that's the old style of regulation creeping into the new style of regulation. Don't conflate the two. I maintain that it is not hypocritical to reject one set of rules for the other. It's possible to value one and not that other.
1 reply 0 retweets 2 likes
Meet the new boss, same as the old boss.
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