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Cryptocurrency recapitulates the history of the modern banking system, and illustrates the necessity of regulation on a daily basis.
by dsr_ 8mo ago
Cryptocurrency recapitulates the history of the modern banking system, and illustrates the necessity of regulation on a daily basis.
- alcazar 8mo agoWe only get better wheels by reinventing them. Our knowledge is constantly expanding, allowing us to build things differently than we used to. Modern cryptography, which makes things like multi-sig possible, is only a few decades old; it didn't even exist when the current banking industry was being established.