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For now. Keep in mind, the question the status quo is wanting to answer is: "We can't simple stand still and forfeit our (fiancial) power, so how can we make th
by chiefalchemist 5y ago
For now. Keep in mind, the question the status quo is wanting to answer is: "We can't simple stand still and forfeit our (fiancial) power, so how can we make this work for us?" They haven't squashed because it might be a and better opportunity for them.
It will be a nudge by nudge process. This is a start. Nothing is off the table for them.
- JumpCrisscross 5y ago> how can we make this work for us? Which side of this debate do you think the City of London and Wall Street are on? Crypto has been a panacopia for finance.
- gnzoidberg 5y agoWhat's a panacopia?
- chiefalchemist 5y agoMy point is, legislation and regulation is a function of control. The lack of such things currently either means: - They already think they have the upper hand. - Or, it's too new and they haven't sorted out which scale and how much thumb pressure to apply. But the lack of regs atm is certainly not inductive of anyone's benevolence.