Very funny to me that the prevailing take a few months ago was “Gensler understands crypto so he will be friendly to crypto companies” rather than “Gensler understands crypto so is hyper aware of just how much consumer protection is needed here”.
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idk sounds fake bro
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Totally. See if you just lend enough to enough people, you "diversify" enough so that law of big numbers eradicates risk! Can then slice up the good loans...all "A rated" by totally impartial rating agencies.if this nonsense aint full back. Such limited returns currently. It will
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If you give more than 0.5% interest on a store of value, you out-compete the traditional banks and then Gensler pays you a visit....
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The Polka King gave investors a 12% return. If you can beat that, well...
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Looool
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