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Agreed, I think that's my favorite lesson from the crypto experiment. Sure there are people who use regulation as a gatekeeping function, or as a way to magnify

Agreed, I think that's my favorite lesson from the crypto experiment. Sure there are people who use regulation as a gatekeeping function, or as a way to magnify their power, but regulations really do exist for the good of the people.

2muchcoffeeman 9y ago
It’s a bit like finding a piece of code that does something crazy. If you ask around, there could be a really good reason for it. I don’t think we’re going to have a usable crypto currency until economists get involved, or we simply relearn all the lessons we’ve learnt to date.
- VMG 9y ago
  Yes, crypto is not complete until there are synthetic CDOs!
  - sanxiyn 9y ago
    Now we at least have futures market, which is a progress.
  - Agebor 9y ago
    CDOs are in the research phase currently: https://ethresear.ch/t/collateralized-debt-obligations-for-issuer-backed-tokens/525 https://ethresear.ch/t/collateralized-debt-obligations-for-i...
  - tankenmate 9y ago
    You can do CDOs in Ethereum today if you want.