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We empathise with this sentiment.
With archaic language, many lawyers wield witchcraft to obfuscate, bewilder and hinder progress. Worse—some conspire with corrupt government.
Others are plain incompetent. Afflicted with tunnel vision from the law schools and stuffy offices that moulded them, they babble propaganda in response to pleas for aid.
“Woe to you lawyers also! For you load men with burdens hard to bear, and you yourselves do not touch the burdens with one of your fingers.”
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The purpose of law is to aid pursuits beyond itself—innovation, beauty, commerce, trade.
Where the law fails, and it often will, we are called to do justice.
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“[A] practice whereby firms capitalise on loopholes in regulatory systems in order to circumvent unfavourable regulations.”
Investopedia elaborates that arbitrage is accomplished by restructuring transactions, financial engineering and geographic relocation to amenable jurisdictions.
We would only add storytelling: building a narrative that is persuasive.
Arbitrage is typically accomplished by restructuring transactions, financial engineering and geographic relocation to amenable jurisdictions.
We would add storytelling to the mix: building a narrative that is persuasive.
“The best arguments in the world won’t change a person’s mind. The only thing that can do that is a good story.”
Crypto and the invention of decentralised finance (DeFi) affords us many opportunities to combat bureaucracy and regulatory overreach, and above all, a chance at creating open, free and fair financial markets.
A permissionless system of finance—“anyone with Internet can participate”—is important to remove gatekeepers, resist censorship, reduce intermediary cost and retain sovereignty.
“It is better to ask for forgiveness than permission.”
Crypto and the invention of decentralised finance (DeFi) affords us many opportunities to combat bureaucracy and regulatory overreach, but above all, a chance at creating open, free and fair financial markets.
A permissionless system of finance—anyone with Internet can participate—is important to remove gatekeepers, resist censorship, reduce intermediary cost and retain sovereignty.
“It is better to ask for forgiveness than permission.”
They mostly are.
You will find more competence for legal knowledge inputing prompts into a large language model. Thinking models have made hallucination minimal and AI opinions are now largely reliable with minimal verification.
There are only two reasons to engage a lawyer: to have a person that “asks the right questions” and to have a person who may advocate on your behalf.
True lawyers are counsels and advocates—not librarians.
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