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Is there a reason you couldn’t build that without resorting to a cryptocurrency? Couldn’t you build central clearing backed by reserves of fiat currencies? It c

• sp527 9y ago
  The point is to illegally skirt regulations and obfuscate transactions. Many crypto believers are quite forthright about their anarchist bent. Even a cursory attempt at second-order thinking might be enough to disabuse a reasonably intelligent person of such delusions. There’s also a funny tautology to be had here: when you design something to achieve anarchy... you get anarchy. But really who gives a shit when you’re swimming in piles of cash? I certainly wouldn’t. And then again, once they reset to equilibrium and emerge from the stupor, they might feel more bad about what they wrought than the money feels good.