... we will perfect the exercise pill, as well. After all, there's no reason anyone should be inconvenienced by the consequences of their actions.
I'll just sit back, enjoy a GMO meal, a glass of nuohol, and do a VR hike of the Pacific Crest Trail.No actual backbone required.
It was not that long ago that banks generally were subject to little or no regulation. Banks would fail, investors would lose all, only for the process to repeat itself again, and again. Eventually, in an effort to protect their economies, governments stepped to limit the risks that banks could take with their investors' money and, often, to insure the investors against loss, thereby engendering confidence.
Bitcoin has made its stock in trade the fact that it is unregulated by anything but a few algorithms. Like Adam Smith'e "invisible hand", we are to trust to these algorithms to provide a certain Deus ex Machina for providing security.
The reality is that until Bitcoin exchanges are regulated by credible authorities, security will be a fantasm.
Profanity is the one language all programmers know best.