[Benmcdonald__]

Same as health care. Without regulations the industry would be full of snake oil. And yet the regulation kill innovation in the industry. Money all devolutes to scam. Look at digital money. Not even HN community can spot the "crypto" scams

[shanusmagnus]

The HN community gets around this by defaulting to thinking that everything in the space is a scam. Just saying "scam" 100% of the time will make you mostly right.