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If anything, crypto has shown us just how important regulation actually is.

• swarnie 3y ago
  Crypto speed running every financial crisis of the previous century in about three years should be studied at some point. We already have laws regulating a lot of this stuff... All my Apes gone.
  • yieldcrv 3y ago
    your Apes are with someone you don't need a regulation to look around when you’re at an ATM, cover your PIN number, and double check that you’re logged out, and check your wallet’s presence over and over again, none of the many regulations helped here and there are many similarities: people learned the best practices with new technology and followed them
    • taberiand 3y ago
      Except, y'know, for the regulations that ensure the bank itself isn't pulling the rug out from under you
      • yieldcrv 3y ago
        that's not what happened with their Apes
• red-iron-pine 3y ago
  "regs are written in blood" happens every time there is a disaster or implosion. yet again, now we see why the financial markets need scrutiny.