Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

yeah bad regulations must be bypassed.

There is a case for banks that hold your hand as if you are 90yo and there must be a case for banking where I know what I do and I take responsibility for my actions.

If i send my coins to the wrong address its on me. But if I want to send 10k to someone - no one should ask me to wait 3 days, to do 100 verifications if I am not being forced or scammed.

I'd want that protection for my mom, sure.

But I want to remove all that crap for me. I don't have time and energy for it



Let's check how people use credit cards and buy-now-pay-layer schemes (Klarna & co) responsibly in America.

It clearly demonstrates that people do not have the capacity to make critical judgments and have to be somewhat protected from themselves.

That's als what regulations are for.


there should be a pathway where we can opt out of being protected from ourselves and crypto is it.


Yes, it should be opt-in, but this is not one of them since it's opt-out by default.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: