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Re:US SEC sues Coinbase, one day after suing Binance by Breza on Monday June 12, 2023 @10:14AM (#36293784)
What an elegant description! I completely agree with you. Back in 2013, I looked at the massive number of financial middlemen on Wall Street and thought Bitcoin (or a future blockchain) could help lubricate the system. It took a few years for me to realize that blockchains are fundamentally flawed and cannot compete at scale with other technologies.

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