2 ms·
It almost seems like lolling at the idea of a government seeking regulation and oversight of a money supply network was a touch premature.
by highwaylights 4y ago
It almost seems like lolling at the idea of a government seeking regulation and oversight of a money supply network was a touch premature.
- JumpCrisscross 4y agoMoney-centre economies (e.g. the U.S., U.K. and Singapore) are using a light tough. Rulemaking is competitive. And prosecution is de-prioritised. There was marketing aimed at the libertarian inclined spouting nonsense about ending war and governments or whatnot. But that’s old news. It mirrors Treasury pitches in the 50s (more anti-banker than anti-state) and gold buggery in the 80s and 2000s (more anti-state). Crypto unified those pitches right after a financial crisis and during an ongoing series of political crises.