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zewp | 4 years ago

Then ignore them? The beauty of voluntary systems is that they can thrive or fail and the only people impacted are those that choose to use them.

The SEC picks and chooses which rules to enforce and which parties to police, monetary policy is decided by authorities with no input from or regard for 99.9% of the population.

It's not surprising that people would opt-in to building alternatives with transparent and programmatic rules. It's also not surprising that these alternative systems will be fiercely fought after being ignored and laughed at, and it won't be surprising when they win.

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