> There's no benefit to the user to having no seatbelts. There's a huge benefit to having open markets at all times. I quoted the full sentence, but I was mai

> There's no benefit to the user to having no seatbelts. There's a huge benefit to having open markets at all times. I quoted the full sentence, but I was mainly referring to: >> unhindered by capital controls, “know your client” rules imposed on broker-dealers, and other frictions of the traditional financial system While you can always find some little exceptions, most financial regulation has actually has good reason to exist and solves actual problems (though maybe not your problems, as in burglary laws do not solve burglars' problems). It's not much of a "feature" to do away with them, since then you just invite the re-emergence of problems that have already been solved or mitigated.