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Our current financial system has, at best, only a veneer of democratic oversight, evidenced by decades of deregulation and the inability of the government to se
by SkyMarshal 5y ago
Our current financial system has, at best, only a veneer of democratic oversight, evidenced by decades of deregulation and the inability of the government to sensibly reregulate it after the GFC.
The banking system pretty much owns politicians cradle-to-grave - you need massive political donations to get elected, then lobbyists have super-access to politicians while in office, then politicians are offered lucrative revolving door jobs and board seats on leaving office.
- glutamate 5y agoAgree. crypto will not fix any of that.