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by datadata 1488 days ago
I think there is just no way you could have a traditional bank provide the capabilities that tether provides. It acts like a bank, but it certainly does things that banking regulations to not actually regulate, and there is no way tether would have been granted a bank charter. Like it or not, waiting for regulation is not a way to build something that is new. As for forgiveness, not for permission.
1 comments

I think that that idiom is perhaps overstated, it can be good, but it can also be an excuse to be morally corrupt.