What I am referring to is outside the regulators. Always was. Now that we have the path, we simply follow it.
This is where decentralization comes in. Unlike the shadow banking system that arose outside the view of most, crypto is doing it in public. For this reason we need to start doing things in ways that cannot be attacked.
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And I was reffering at the fact that the financial system is waking up and trying to gain control and centralization on the decentralization. This is worrying.