These people likely do not know of the lives destroyed by the wildcat banking era of the mid-1800's in the United States, which is what DeFi seems to become. P

These people likely do not know of the lives destroyed by the wildcat banking era of the mid-1800's in the United States, which is what DeFi seems to become. People don't think of the failing power of international sanctions. The consequences of a fully de-regulated financial system will likely lead to more armed conflicts. That said, I agree that the political system is broken, but that's a problem of democracy. https://en.wikipedia.org/wiki/Wildcat_banking https://en.wikipedia.org/wiki/Wildcat_banking