This is just a quick, follow up, post to an imaginary post… In summary; watching the movie The Paradigm of Money where they talk endlessly about “manipulation of markets and currency” etc… They squeek in a short chapter about crypto-currencies. First of all the plain text made certain views that are already attributed to crypto. But to be clear it’s a lot of grey.
What caught my attention and forced this post was this video… congress. The congressional witness explained in clear voice and vernacular that crypto will not achieve stability until government regulates and tools are provided.
It’s like playing the game of life with training wheels. The reality is that life can end. You cannot have the insurance of a long life without a proper safety net and that’s not free.