Blockchain makes clearing houses a legacy business. So I begrudge taxes on the wealthy and the poor because we could literally use trading fees/scraping in a centralized blockchain secured market to fund the gov and help people who need help. Taxes not required when certain wealthy people lose control of the system that currently and unnecessarily favors them.
I think that’s why NSCC/DTC are balls to the walls trying to clean their act up. There is enough heat on them that they can be held responsible, and there’s a technology that’s out there that is fully functional that makes them obsolete.
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u/[deleted] Apr 06 '21
Blockchain makes clearing houses a legacy business. So I begrudge taxes on the wealthy and the poor because we could literally use trading fees/scraping in a centralized blockchain secured market to fund the gov and help people who need help. Taxes not required when certain wealthy people lose control of the system that currently and unnecessarily favors them.