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Depending on time and place of the protest I suppose. Someone earlier mentioned that during the day protests are rather peaceful. I see no reason to have a gun in that situation. It’s when dumpsters are being lit on fire, stores are being vandalized, etc. and peace is far from being kept, that I can somewhat understand why a gun would need to involved (but I’m thinking more in the hands of a business owner who is fending off the dogs of society).
Sure, I mean, I think you can easily make exceptions for people on their own property that happens to be in the area of a "protest." Obviously, the devil would be in the detail of defining what is a "protest" and when protest becomes civil unrest. But, I think the key thing here is that we don't want civilians running around with guns in very tense situations which they are not trained to deal with. (Many officers apparently aren't well trained for it either, but that's another discussion.) I think it's clearly different if you are protecting your own property which just happens to be in the area of the protest/chaos.