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Yea I don't understand why these traditional economies can't understand.

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Keynes

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Lol, just imagine a banker admitting to this fact. By the time regulators get their head around regulating something that cannot be fully regulated, we will be far ahead. It's out of their hands already. They must embrace it as it is.

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“DeFi, by definition, cannot be fully regulated. Instead, there needs to be a framework for how DeFi can be integrated with the rest of the financial ecosystem.”

Yep, financial regulators are playing by a set of rules which are no longer relevant.

They need a total overhaul of how they operate.

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Exactly!!!

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I think it's gonna be a while before people can actually understand the underlying concepts of DeFi.

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Amazing people do not understand it.

Since your sentence there did not have punctuations (except the period at the end), I found two ways to interpret it. 😏

  • It is amazing that people do not understand it.
  • They are amazing people who do not understand it.

🤓🤯😅