Crypto Daily 3@3 - 8.21 | EU antitrust on Libra / SEC vs ICO ratings / China vs CEOs on HK w @LeoAW pscp.tv/w/cC2MNDE0Nzc1…
@LeoAW This did *not* fit in the title, but the big underlying theme here - especially on the SEC vs ICO ratings is: INCENTIVES.
It's honestly too easy to limit our lessons from the ICO to "fraudsters" and "scams" when really, the structural failure was around warped incentives.
It's honestly too easy to limit our lessons from the ICO to "fraudsters" and "scams" when really, the structural failure was around warped incentives.
@LeoAW Is there a world in which liquidity from day one can be a net good, rather than simply supercharge those warped incentives?
I'm not sure. But I am pretty sure that question is an important one to ask.
Or maybe it's not because that liquidity is simply a reality of life now?🤷♂️
I'm not sure. But I am pretty sure that question is an important one to ask.
Or maybe it's not because that liquidity is simply a reality of life now?🤷♂️
@LeoAW Also, the Libra vs. EU section is more a regulatory roundup. Specifically I get into a new proposed Australian anti-cash law and the ongoing battle between #IndiaWantsCrypto and the Reserve Bank of India, feat content from @cryptokanoon and recommended follow @NischalShetty
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