I used to think regulations were good and protecting us, then I became someone who wanted to take advantage of you so now regulators are bad. Let me fleece you, stop preventing it
TechTakes
Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
For actually-good tech, you want our NotAwfulTech community
"Are the companies I fund just scams and frauds? No, it is the regulators who are wrong."
I'm sure Paulie G understands the necessity of regulators in a market which has real world consequences and is just being disingenuous here. If he actually believes the things he said i wouldn't care much, but he clearly knows what he's doing (as evidenced by replies). Fucking scum.
Let me rephrase that: "Coinbase and Bloom Tech illustrate the dangers of ~~starting a startup~~ lying in a regulated industry."
Coinbase hasn't exactly lied, to my knowledge, grouping them with his stupid startup is pretty disingenuous, but he started it.