I can't keep standing by as this continues to be parroted here.
You see the same machinations by some percentage of bad actors to take advantage of regulation not existing yet in any and every industry, from fruit, to paper manufacturing.
Yes, in many cases Coinbase doesn't list coins they don't like, and rushes to list ones it does.
This just further highlights the important of knowing, to every depth possible, whose code you're running and who you're doing business with, because the buck stops with you,
and governments can only continue to try to protect from an after-the-fact, further-harm-reduction viewpoint.
Many industries, including the fruit and financial industries, are regulated to try to prevent this sort of abuse. The parent is merely pointing out that, absent regulation, abuse and corruption are inevitable.
The comment is about the financial industry. And it's right. What happens in the fruit industry isn't relevant. The financial industry is heavily regulated (many say for good reason), and much of crypto seems to be created to avoid this regulation, or to claim that the thing created isn't subject to regulation.
You see the same machinations by some percentage of bad actors to take advantage of regulation not existing yet in any and every industry, from fruit, to paper manufacturing.
Yes, in many cases Coinbase doesn't list coins they don't like, and rushes to list ones it does.
This just further highlights the important of knowing, to every depth possible, whose code you're running and who you're doing business with, because the buck stops with you,
and governments can only continue to try to protect from an after-the-fact, further-harm-reduction viewpoint.