This new system has been vetted by whom how far in advance? If it's like the shenanigans of the Fed and too big to fail banks during 2008, I don't see how peopl

This new system has been vetted by whom how far in advance? If it's like the shenanigans of the Fed and too big to fail banks during 2008, I don't see how people trust the new system. Why have only one new system? Part of blockchain based solutions is exactly because of the reduction in trust in traditional finance methods. And how can it be shown that bad actors manipulating the old system haven't somehow seeded the new system for their future advantage (either to sabotage it, or more likely to just disappear with their gains from damaging the old system).