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infinitone | 5 years ago

While i agree with a lot of your response. I also concede that regulatory capture is a serious innovation inhibitor that has a factor in some of your questions re: reactors, 3 days to wire money, etc. The incumbents have gotten too comfortable and lobbied well enough to protect themselves.

Then you also have the current bailouts of airlines, etc. So the incumbents in this case are too big to fail. You'll never get new entrants/innovators in these areas until those issues are solved.

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