I'm reading their comment as the opposite - there are mechanisms for a high trust society in place (which is good), but if you go out of your way to opt out of it then you're on your own.
The difference is there is no such thing as "unregulated" in the concept of fraud. Doing fraud is illegal. Even if FTX had done all the paperwork to be compliant, it would still be illegal fraud.
Same as there's no place where murder is allowed. You can't "opt out" of parts of society. It's not even "take it or leave it", society is "take it or get out of our reach"
mrguyorama|1 year ago
Same as there's no place where murder is allowed. You can't "opt out" of parts of society. It's not even "take it or leave it", society is "take it or get out of our reach"