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Steve Howard's avatar

Ha! Chartbook #175. Why I will ALWAYS subscribe.

Out of the blue. Through the roof. Clichés fail me.

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Sunshine's avatar

In your FT article you stated "Letting crypto burn may no longer be realistic. If that is the case..."

But I really like the alternative solution suggested by FT Alphaville column a few days ago--Let crypto burn." Why is this no longer realistic?

In addition, Unhedged, also at FT, argued recently that "we really don't know yet what crypto assets are? Currencies? Commodities, Investment contracts? Ownership of payment infrastructure? Game pieces, Plain bullshit?"

Is your assumption that crypto should be regulated in some way (under the rubric of gambling rather than banking) partially biased by your apparent general preference for more centralized regulatory control which in my opinion often ends up stabilizing a quite corrupt international (World Bank etc.) as well as domestic (U.S Federal Reserve managed) financial structure?

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