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I'm in the same camp. I think a bunch of distributed technologies (like Ethereum) are really neat from a technical perspective and fun to tinker with, but I don

I'm in the same camp. I think a bunch of distributed technologies (like Ethereum) are really neat from a technical perspective and fun to tinker with, but I don't live under any delusion that the global financial system will ever build itself on top of anything that even somewhat resembles the cryptocurrencies we see today. I remember years ago it felt like the community was mostly comprised of people with our perspective, but that feeling has basically disappeared.

noman-land 4y ago
We need to continue to seek each other out. Finance people swarmed this space like locusts but they aren't who makes it special. It's the p2p ethos that makes it special.
- bb88 4y ago
  I think the crypto folks should just stop doing whatever they're doing now. What they need to do instead is to talk to regulators. If crypto 2.0 ain't regulated, people aren't gonna use it.
  - latchkey 4y ago
    People are using it, today. https://news.ycombinator.com/item?id=26238410 https://news.ycombinator.com/item?id=26238410
  - deleted 4y ago
    [deleted]
  - cinquemb 4y ago
    I've had long convo's with people at ISDA about decentralized derivatives on chain and risk/collateral management systems. SEC/CTFC (and their analogs in other jurisdictions) are better off enjoying their revolving door at GS/DB/JPM/etc