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A comment on SBF scheduled to testify tomorrow at US House hearing on FTX collapse. Parent comment
Centralization is an optimization, fragility/trust/single point of failure being tradeofs.
The old joke being that if an economist designed humans we would share one kidney between 3 people instead of having a redundant one.
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Centralization is an optimization, fragility/trust/single point of failure being tradeofs.
The old joke being that if an economist designed humans we would share one kidney between 3 people instead of having a redundant one.