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You're probably referring to a strong 3rd party intermediary as the aggregate of our financial system when you refer to its regulatory power here, but that it r
by ftlio 9y ago
You're probably referring to a strong 3rd party intermediary as the aggregate of our financial system when you refer to its regulatory power here, but that it reads like the bank itself has regulatory power is the critique of money provided by Bitcoin in a nutshell. Regulatory capture IS the problem of scalability with our monetary system. Bitcoin exists to prove this.