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The Mindset of Money

April 15th, 2018 | Posted by pftq in Blabberbox | #
It seems I can't get a dinner anymore without overhearing talk about blockchain. One point I keep hearing that irks me though is that government wouldn't restrict the crypto industry because of how much money they could make by letting it flourish.  That is just wrong on so many levels.  Whether a law exists or not has nothing to do with making money.  It doesn't matter if everyone got paid or the government gets a cut.  Otherwise by that logic, you might as well say the government should let drug trafficking and black markets flourish because of "how much money they could make."  It's like if a cop let someone go for stealing because the cop got a share.  As long as everyone gets a piece, what's the harm? Unfortunately this kind of thinking seems to be the norm in crypto and really just finance in general, where right or wrong is decided solely by whether money is made.
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