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by freen 1364 days ago
The libertarian fallacy: the solution to bad regulation is no regulation whatsoever.
1 comments
notch656a 1364 days ago
The freen fallacy: anything between 'Patriot Act era KYC' and 'the <freen> solution' is libertarian nonsense.
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freen 1364 days ago
Look: current financial regulations in the US and Europe mean we’ve been leapfrogged by Africa: M-Pesa etc.

Don’t disagree, but throwing the baby out with the bath water and going full raw dog lets speed run the entire history of financial fraud is not a good idea.

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psd1 1364 days ago
Speak for yourself. I've been able to send money to my friends' phone numbers for years.

America hasn't even discovered different colours for banknotes yet. It's parochialism, not regulation, holding you back.

Apart from that, nicely put.

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