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My point was that it's beyond simply skirting regulations, as if that is merely the goal unto itself. Something being a regulation doesn't mean it's well concei
by knownjorbist 5y ago
My point was that it's beyond simply skirting regulations, as if that is merely the goal unto itself. Something being a regulation doesn't mean it's well conceived or even ethical, and they're frequently abused by incumbents in various industries to prevent disruption and protect their golden goose.
"Buying stake in a bank" does not necessarily translate to sharing in the profits a bank is already making from holding my money with them.