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You’re shifting the argument, which was about financial institutions in functional markets.
by graeme 5y ago
You’re shifting the argument, which was about financial institutions in functional markets.
- AnthonyMouse 5y agoThe argument is that cryptocurrency is useless under the assumption that the traditional financial market is functioning perfectly, i.e. that there is no regulatory inefficiency at all. There currently exist countries where this is not the case, so that assumption is incorrect and cryptocurrency is useful until such time as that is no longer the case.