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> you as an individual can interact with, audit, and build technology within the world of finance without going through the traditional gatekeepers of our curre
by etripe 6y ago
> you as an individual can interact with, audit, and build technology within the world of finance without going through the traditional gatekeepers of our current financial system.
A big reason there are gatekeepers is the regulation. I get the appeal of framing it as if the little guy can now participate, but isn't it irresponsible to not even ask oneself why financial markets are regulated in the first place?
- throw1234651234 6y agoSo that the rich have more control than the poor, under the guise of protecting the little guy mostly, nowadays.
- CryptoGhost 6y ago>but isn't it irresponsible to not even ask oneself why financial markets are regulated in the first place? That's an entirely political question that has nothing to do with efficacy of a financial system or cryptocurrency.