Would you let your child ride his or her bike around town by themselves?

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I am a stricked parent and I would not let my child ride around town with no supervision. There are alot of perverts out there and strangers that could pick up or kidnapp my child. I am not going to my child at risk no matter how much my child wants to go bike riding by himself. I am protective of my child and I love him. I don't know what I would do with out him. I also think about if he were on his bike and hurt himself. Noone would be around to take care of him if he fell off his bike. As a parent you really have to watch what your kid does. You have make the child understand if you say no it for a good reason not because we want to say no but because we love our child.