"The entire premise of the exact current stack on which assets represents it is broken," he says. "If you were to reimagine it from the ground up to day without a hundred ears of luggage, you would not derive what we cunrently have." In crypto, if i have to put up the dollar to buy an asset, the dollar has to be perfect in this system because there's no credit risk,. But without credit, what's the point of the financial system? It's just shure that exists fordollar trading of assets like shure and those blow up once in a while.

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