It's always funny to me how "we're decentralized ledgers running in lack of trust environments that don't need government regulation" always run to centralized trusted government institutions every time there's trouble.

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paintbox 5 days ago | parent [-]

It's a push to bring international financial systems up to date, there is no need to reinvent judiciary and executive institutions in this step.

	▲	troupo 5 days ago \| parent [-]
		> It's a push to bring international financial systems up to date It's not a push in any sense of the word. And outside of the US quite a few of financial institutions are "up to date" in most of the areas that matter to people. > there is no need to reinvent judiciary and executive institutions in this step. Strange how "up to date" inevitably involves rediscovering all the reasons those exist in the first place and why the "outdated" institutions do the things they do.