incredible innovations and the things that you're able to do, that you weren't able to do, and the efficiency gains, that you lose sight of the systemic implications. And by the time you realize you're systemically important, it's too late to do something about the unintended consequences and collateral damage of your activity. That's what has happened with big tech. Governments on the other side are also repeating the same mistake, which is of not engaging early enough and with an open mind enough to understand how powerful these innovations are. So hopefully the two sides will talk to each other more because there are significant efficiency gains to be made to all sorts of financial transactions. And it needn't be a global currency, but it can be really impactful in terms of the payment system, remittances, and all sorts of other issues that right now are rather inefficient in the financial system and are costing too many people, too much money, including, unfortunately, the most (39/43)
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