JesseJames

I guess a little bit of both.

For instance, Singaporeans have to pay $100 to enter our casino while foreigners enter for free. The entrance fee is necessary, I guess, to alleviate the negative impact of problem gambling in Singapore. So while I don’t mind it, I still get the message that I’m like a child who can’t manage my behaviour.

Ashley Madison was/is prohibited from venturing into Singapore. That was another necessary move by the government, I guess.

We can’t invest in US Spot ETH ETFs, even if we want to, because it is disallowed in Singapore. 

So in short, good intentions, also paternalistic governance haha 

cryotosensei

Is it a nanny state or are laws just very restrictive and enforced? 

grayruby

econ

View from the North: Slowing Economy, Rate Cuts?

Lol! Singapore is perceived as a nanny state by many. I think the difference is that while many of us don’t like such imposition, we will complain like hell if we think that our government should be doing more for the common people.