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rco8786 | 4 days ago
Now, you may notice that the government is also choosing not to regulate these companies...which is another matter altogether.
rco8786 | 4 days ago
Now, you may notice that the government is also choosing not to regulate these companies...which is another matter altogether.
ozmodiar|4 days ago
mschuster91|4 days ago
If you ask me... that wasn't a rug pull, at least not in the intent - it more was a way for foreign actors to funnel money directly to Trump and his family without any trace.
bumby|4 days ago
However, there is also plenty of evidence that this setup may no longer work. It seems like the norm has shifted, where companies no longer think it’s their duty to manage risk, only to chase $$$. When coupled with anti-government rhetoric, it effectively socializes the risk to the public but not the profits.
rco8786|4 days ago
> without a license
A government issued license.
> it’s because of an “industrial exemption.”
A government allowed exemption.
Etc.
Agree with your second paragraph.
lupire|4 days ago
bigbadfeline|4 days ago
In this case, it's exactly how it's NOT supposed to work because there's no government regulation concerning the issue. It would be bad looks to have regulation that mandates LESS safety thus the issue was forced on commercial grounds.
I called it yesterday, there was never any doubt in my mind how this would end, and it did in less than 24 hours:
https://news.ycombinator.com/item?id=47144609
rco8786|4 days ago
Yea, see the next sentence in my post :-/