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by dzhiurgis 191 days ago
Then financial system doesn't create value despite being like 20% of economy (crypto is perhaps 5% of finance system).
1 comments

It creates a lot of value though. You may not see it but it exists. People so easily forget what you he financial systems looked like historically. Everything from having fluid loans of all type that don’t discriminate, to ipos, it’s easy to sell a business or to buy one. If I am buying stock it’s never been easier and modern spreads are some of the lowest in history.