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by michaelt 3012 days ago

  I don't understand this at all. Can you explain?
Some people believe the 2008 financial crisis was caused because of de-regulation, rather than regulation; and that the bad guys were mostly untrustworthy/incompetent/greedy types in financial institutions.

Cryptocurrencies, famous for helping people evade regulations (e.g. ransomware) and untrustworthy/incompetent/greedy institutions (e.g. exchanges "accidentally" losing deposits), seem worse on these rather than better.

1 comments

Bitcoin is about money and it’s properties. It has nothing to do with income verification, loan standards, or rating falsification.