trabex,
@trabex@newsie.social avatar

@mike

These people don't actually understand how markets work.

In order to have a contract become enforceable between two parties, you need a third party arbitration mechanism. Then, in order for the arbitrator to not be bought off/corrupt, they need to be accountable before the public.

Any way to put it: reducing or eliminating government involvement in market activity just leads to higher prevalance of scam and fraud (ie, crypto)

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