this post was submitted on 06 Feb 2026
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Not at all I've no faith in any of the scams out there right now. But concentrating all of that power into banks under the control of our governments will lead to even worse outcomes. Hopefully some worthy alternatives will arise at some point.
Power is distributed by implementing and enforcing effective regulation, not by removing it.
We will see how it plays out, obviously the US isn't going to be regulating anything for the better. Anything they have their hands in will be worse, so there's that.