ECONOMICS: Cryptocurrency — no regulation needed — Caveat Emptor

Sunday, October 9, 2022

https://www.zerohedge.com/crypto/secs-reckless-crusade-crush-cryptocurrency-market

The SEC’s Reckless Crusade To Crush The Cryptocurrency Market
by Tyler Durden
Wednesday, Sep 28, 2022 – 08:20 PM

Authored by Gerard Scimeca via RealClearMarkets.com

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The outcome of the SEC case against Ripple is critical in not just establishing a fair and just baseline for the protection of crypto investors, but as a test case in setting boundaries to stop overreach by federal agencies seeking to advance their power at the expense of efficiency. Crypto is popular and growing precisely because of its efficiency, flexibility, and vast utility in financial markets, benefits that can easily be quashed through intrusive and heavy-handed regulation. The ultimate arbiter of these issues is Congress, who must act, and soon, to help establish a clear framework to regulate crypto, and to limit the SEC’s power to occupy spaces where it simply does not belong.

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Sorry, but all the Gooferment ever does is impede progress.

Is an “unregulated” market “dangerous”?

No, let the buyer beware and let the “invisible hand” of the free market quickly and efficiently discipline bad actors.

No bureaucrats required.

—30—


FUN:Luddite sent me a Laughing Baby video

Sunday, January 8, 2012

https://skydrive.live.com/redir.aspx?cid=e96c39c9b735ab8c&resid=E96C39C9B735AB8C!119&parid=E96C39C9B735AB8C!110&authkey=!ABlb_nSM43Bpn4Y

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Yeah the whole 5 Gig file in an email. Argh! So, here it is for your enjoyment. Just the link; take the file if you want it. But why? You can just share the link. Think of all those electrons you’re saving.

# – # – # – # – #  2012-Jan-07 @ 12:19