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> Also, if you want to build automated systems for money management, the barrier of entry will be significant in the legacy banking system. There are a lot of
by sammycdubs 8y ago
> Also, if you want to build automated systems for money management, the barrier of entry will be significant in the legacy banking system.
There are a lot of good reasons why there's a high barrier of entry to set up shop in the financial system.
Trying to sidestep financial regulations through using cryptocurrency/blockchain is at least trying to actively exploit loopholes in the law, if not actually illegal.