Manny Rinconcruz - A Tornado of Cash, An Earthquake of Crackdowns, and a Drought of Courage
From the New World
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The Problem Isn't Regulating Arbitrage, Right?
This is basically regulatory arbitrage, right? The reason why it's cheap is because right now we don't have lawyers. And in fact, once you get the same kind of macro cycle of people panicking out and demanding regulations, that you're going to end up in the same place. So i do want, i i do want to push back here, right? I think there's like the tyler cowin case of that. Um, it's actually born out of efforts that originate in the 19 nineties am to create a functional programming languages for finance.
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