... and I interpret the complexity argument in this context, that bad instruments lead to evil outcomes...
I don't understand the point of regulation if you assume that.
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working regulation makes it prohibitively complicated in most cases, and that's been mostly executed to date, but there are exceptions
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i propose that with complex abstract instruments in open decentralized trading it's too hard to repeat that level of coverage
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i should have prefaced that statement with "I am not a banker but"
End of conversation
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