13min chapter

Complex Systems with Patrick McKenzie (patio11) cover image

Stablecoins and shenanigans, with Zeke Faux

Complex Systems with Patrick McKenzie (patio11)

CHAPTER

Trust, Regulation, and the Crypto Landscape

This chapter explores the inefficiencies and risks of scamming in the financial system, advocating for regulations to build consumer trust. It delves into the evolving dynamics of online commerce and the need for safeguarding measures against fraud, especially in the cryptocurrency space. The discussion highlights the surprising influence of the crypto industry on politics and the urgent call for regulation following recent fraudulent incidents.

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