/biz/ - Business & Finance

>https://www.ft.com/content/ac058ede-80cb-4aa6-8394-941443eec7e3

>The overriding goal of policymakers should be to keep crypto systemically irrelevant. The best way to do this is let it implode under the pressure of its unsafe and unsound business practices. Meanwhile, authorities should constantly point to the record that crypto is rife with failures and fraud.
>Rather than creating a new legal and regulatory framework that legitimises crypto, we should simply let it burn.

Strange bedfellows when you're agreeing with the gigakikes at the Financial Times because they're calling for no regulation.