19 Feb
2008
19 Feb
'08
11:25 a.m.
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