Steve,
On Feb 18, 2008, at 11:33 PM, Steven M. Bellovin wrote:
This is a strong argument for regulation of the market. A regulated
market could provide liquidity needed by those who would otherwise
find <unregulated> means to accomplish their ends (such as making
private deals that are perhaps undetectable).
I have no problem with regulating markets -- I tend to think they work
better that way.
Given the decentralized nature of the Internet and the lack of a
single legal/policy regime that covers it, the challenge is in
identifying viable candidates for the regulator.
Regards,
-drc
