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Agreed, I think that's my favorite lesson from the crypto experiment. Sure there are people who use regulation as a gatekeeping function, or as a way to magnify their power, but regulations really do exist for the good of the people.


It’s a bit like finding a piece of code that does something crazy.

If you ask around, there could be a really good reason for it.

I don’t think we’re going to have a usable crypto currency until economists get involved, or we simply relearn all the lessons we’ve learnt to date.


Yes, crypto is not complete until there are synthetic CDOs!


CDOs are in the research phase currently: https://ethresear.ch/t/collateralized-debt-obligations-for-i...


Now we at least have futures market, which is a progress.


You can do CDOs in Ethereum today if you want.




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