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by vgatherps 996 days ago
This is how most asset trading works, but outside of crypto these third parties are actually trustworthy
2 comments

Well, one might argue they’re trusted to grift retail. The money firms make doesn’t come out of thin air. SEC is fairly toothless in this area.
> outside of crypto these third parties are actually trustworthy

With multiple layers of mutualised failsafes.

Don't forget meaningful regulations and legal requirements placed upon these parties