The race to fix Wall St now includes ICE, parent of NYSE, which is embracing cryptocurrencies. This renders many of Wall St's enterprise blockchain projects obsolete as ICE moves to natively-digital blockchain assets, a big positive. But investors should be wary of off-chain bitcoin
Iatrogenics is when we cause more harm by intervention than we do good. interventionistas do because they 1) are unable to think through problems, 2) are separated from the outcomes, 3) are biased for action, and 4) have asymmetric upside.