This is why I’m bullish on Chia. Their philosophy is quite plainly: operate within the existing regulatory framework and existing social ground rules (i.e. as a

This is why I’m bullish on Chia. Their philosophy is quite plainly: operate within the existing regulatory framework and existing social ground rules (i.e. as a traditional capitalist institution beholden to the SEC) to provide and be the steward of a better backend and tools for doing (as the article asserts) the fundamentally distributed operation of processing payments and supporting markets. There’s a pre-farm that supports the company, they’re going to make a lot of money for their investors (which you can participate in too if you want). That’s nothing new and so be it. That’s the world we live in. It is deliberately not, “burn the world we need a crypto revolution right now society be damned”. I don't like the term crypto and neither does Chia. We need a modern ACH (you know the thing runs on FTP right?) and actual digital cash. And we need the people supporting the system to be “the people”. A decentralized ledger with a strong Eltoo (L2) ecosystem does serve this goal. If you’re of the sane moderate opinion that we need better tools and that the ideas behind DeFi aren’t entirely worthless but still think society mostly kinda works but some parts need a refactor, check the chia community out. They’re thoughtful level headed players in the “DeFi” space. Refactor, not rewrite.