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We’re not going to have a market solution, only a regulatory one; if one is coming at all


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We don't have any market if no regulations exists.

Indeed, but this isn't the regulation we need unfortunately

Government regulations are not the answer.

Government regulation is the only viable option, and that's pretty unlikely to happen (at least in the US).

regulatory nightmare, and fundamentally not solving a problem nor greasing any significant wheels

It’s not even the lack of regulation. It’s the lack of actual solutions to actual problems

A complete lack of regulation in the markets.

And they won't, because once again, regulatory problems don't have technological solutions.

One example is not a market, one example is the need for legislation.

It’s purely a regulatory issue.

That's not true. There is a cost to every regulation or it would already be a market standard.

Since there is no regulatory response that can deal with unknown unknowns like your second point, the correct answer is to not regulate for now.

Wrong question. It's the market which requires this, not the regulation.

The headline is probably right, but we can't trust the government to regulate it either and markets seem to be broken so there really aren't good options here.

They won’t. Which is why regulation is needed.

We don’t currently have a regulatory regime that matches this very sensible idea.

We have a regime that is ripe for abuse by these honeypots.


There's no guarantee that regulation is good regulation.

So government regulation isn’t a panacea.....

This is still framed as a consumer problem rather than a regulatory problem--eat fish or don't, market participation isn't going to get you nearly as far as regulation.
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