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Tech moguls want to build a crypto paradise on a Native American reservation
(www.motherjones.com)
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this post was submitted on 10 Jun 2025
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Because they want to build and experiment without all the red tape. Of course they do and people have to relearn why regulations are written in blood.
They hate the FDA, but one of the reasons it exists was because some folks sold radioactive beverages, mascara that caused blindness, a bunch of snake oil and medicine that killed people and/or caused deformities.
Adventures with financial deregulation and crypto haven't been much better so far.
Let em do it at Point Nemo