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A comment on Bitcoin not for me, says Bill Gates. Parent comment

Re:Bitcoin not for me, says Bill Gates by etripe on Friday February 26, 2021 @08:06AM (#26274356)
> you as an individual can interact with, audit, and build technology within the world of finance without going through the traditional gatekeepers of our current financial system.

A big reason there are gatekeepers is the regulation. I get the appeal of framing it as if the little guy can now participate, but isn't it irresponsible to not even ask oneself why financial markets are regulated in the first place?

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Re:Bitcoin not for me, says Bill Gates by CryptoGhost on Friday February 26, 2021 @09:49AM (#26275280)
>but isn't it irresponsible to not even ask oneself why financial markets are regulated in the first place?

That's an entirely political question that has nothing to do with efficacy of a financial system or cryptocurrency.

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Re:Bitcoin not for me, says Bill Gates by throw1234651234 on Friday February 26, 2021 @09:08AM (#26274859)
So that the rich have more control than the poor, under the guise of protecting the little guy mostly, nowadays.
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