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You’re referring to blockchain, the underlying technology for crypto. The former can be a game-changer in numerous ways as you mentioned. Crypto is one application of blockchain that investors have been treating like currencies and securities, but people don’t realize that they’re jumping out of an airplane without a ripcord. Regulators have yet to figure out how to ensure settlement, as is the case with the SEC & NYSE, or the CFTC & CME, which is why we ended up with FTX.

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