It's simpler than than that. It (the ecosystem that's sprung up, not Merkle tries and whatnot) is an end run around modern securities laws. That's the only reas

It's simpler than than that. It (the ecosystem that's sprung up, not Merkle tries and whatnot) is an end run around modern securities laws. That's the only reason it's so popular (and provides the market depth that's needed to use is for crime etc)