> I know crypto has a lot of scam baggage and that is unavoidable for a permissionless system, I think. Being resistant to scams is one of the key features of

> I know crypto has a lot of scam baggage and that is unavoidable for a permissionless system, I think. Being resistant to scams is one of the key features of modern finance. The joke that cryptocurrencies continue to rediscover the history of finance is not just a joke, it is the reality. So many of the things that the crypto world complains about with fiat currency are actually things that allow the whole system to function well, and came about to combat scams and frauds that people don't want. People don't want a Wild West economy.