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Yeah cause that worked really well in the real world right ?

2008 and 2009 were so successful with these "controls" that were supposedly in place !




The catastrophe of 2008 (to consumers) was that the market decided to make credit scarce. It makes sense that the government can't force banks to take unjustified risks once they've wised up to the recklessness of their lending.

This is very different from money just disappearing out of checking accounts, which is what happened with MtGox. Even if that did happen, the FDIC would make the depositors whole.


And thanks to the "controlls" in place, everything changed and we're now in a situation where something like what happened in 2008 would be inimaginable ! /s


The USD, a currency (which Bitcoin is apparently), was left relatively unaffected.




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