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A comment on “But the SEC let us go public” and other flawed arguments in Coinbase's defense. Parent comment

Re:“But the SEC let us go public” and other flawed arguments... by KingOfCoders on Tuesday June 13, 2023 @06:36AM (#36308161)
"The USA is the world's finance hub because it has the most reliable systems for trading financial assets"

Because there is regulation. You seem to get cause and effect mixed up.

[ Parent | on HN ]
Re:“But the SEC let us go public” and other flawed arguments... by everfree on Tuesday June 13, 2023 @11:55AM (#36312119)
As a counterexample, I haven't needed regulations to be able to have great confidence that my Uniswap DeFi trades will settle within seconds. The system is extremely reliable, despite no other participant in it being regulated or even trustworthy.
[ Parent | on HN ]