Is DeFi a Better System?

The UK has been notwithstanding some of the sort of historical hostility from the financial conduct authority. A lot of what we end up with as far as problems here in the US, Rebecca was alluding to the securities versus commodities divide and how it really shouldn't matter too much for an investor protection standpoint. It's because we've got too much decentralization in the way the US government regulates financial products. And then you've got states that take a more apathetic approach or something. They don't have the fiscal resources to actually do much in the way of policing. That's kind of oddly and very specifically American is when you look at a new technology that has to fit into this already highly decentralized