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A chain that can freeze funds is “unregulated banking,” full power over customer money, no customer protection laws, and no responsibility, taking advantage of a legal grey area. These are not the challenges in crypto; this is not “ code is law”; these are not the basis for a credibly neutral network. Imagine when governments ask these companies to freeze your account because you say something about the new leader. In the banking world, in most states, it is illegal; in crypto, it is a grey area. This is what we fight against in crypto.

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