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Decentralized regulation is immune to regulatory capture or political pressure. Normal regulators can be bribed or bullied by monopoly powers, but decentralized regulation is built into the code.
…ns made by progressives over the past decade weren’t easy. And the next decade will be even harder. The Union didn’t win the Civil War. It’s winning it. The fight for social justice ebbs and flows, but it never ends.
Leadership is a series of one-on-one conversations.