I’ve never been a fan of any business model that is built on simply exploiting loopholes in existing laws and regulations. Eventually reality catches up to them, and they lose their competitive edge. Once that happens, they become just like the crony-capitalist businesses they undersold in the market (see Uber in NYC as a perfect example of this).
>>I’ve never been a fan of any business model that is built on simply exploiting loopholes in existing laws and regulations.
As a person who values freedom, I’m not a fan of passing new regulations to close “loopholes” in existing laws and regulations. In fact, I am a fan of opening new loopholes.
A business model exploiting loopholes? How about free market enterprise? How about an overbearing government that regulates and places a law on everything? Here a fun little game I was introduced to years ago. Name one animate object that doesn’t have a law attached to it or isn’t regulated.
The scary thing is you cannot and what’s even scarier is people want more regulations more laws. God forbid an entrepreneur should come up with a revolutionary idea, place it into practice and build a business model “exploiting loopholes” that becomes a public success only for big government to swoop in for their slop at the trough. This has nothing to do with public safety and 100% to do with Governemnt not getting their cut. “Permits” is code for word for “in addition to the taxes your company already pays we are going to gouge you for another 5k per unit you operate. This way we can employ another large beauracracy that does nothing but collect checks”
I just, and this is the literal just, not the internet just, rode one of those app bikes to the microbrew where I am enjoying a pint of a nitro stout and reading this on their wifi. It took about fifteen minutes and cost 1.33. The other evening my wife and I went to a concert and rather than parking at the venue, we grabbed a couple of those app bikes and rode 15 minutes across town and spent about 4.00 doing it, both bikes. They are hecka cool.