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CryptoDad’s Pirate Clause: Reviving Letters of Marque

The Gist

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Rethinking Cryptocurrency Security and Regulation

This chapter presents a controversial proposal for combating cryptocurrency theft by permitting tech firms to engage in hacking back stolen assets. It critiques current financial regulations and emphasizes the need for improved cybersecurity measures alongside a balanced approach to securing digital assets. Additionally, the conversation explores the evolution of societal attitudes towards betting, advocating for federal regulation of prediction markets to ensure their integrity in the electoral process.

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