Comment by 0xDEAFBEAD
3 hours ago
>They're always discussing harsher liability regimes. The regulatory interventions are always positioned to the public as increasing accountability.
These conspiracy theories are getting ever more elaborate. The liability regime thing was not from some big speech. It was from a Senate subcommittee hearing which did not attract all that much attention:
https://news.ycombinator.com/item?id=49606803
>If you acknowledged the threat of politicization and centralization, I don't know how you can argue for a regulatory takeover of the market by the very institution you think is becoming a "police state".
I don't think the US will become a police state. I think the takeover is kind of inevitable and I prefer it to happen sooner, on good terms, when the technology is weaker, rather than later, on ad-hoc terms, when the technology is stronger.
Do you have investments in the big US companies?
Pretty sure I have less than the average index fund investor since I tilt my portfolio very conservative.