A wake-up call to blockchain fiscal opportunists:
The principles on which the financial systems are built require financial infrastructure institutions to support — NOT disrupt or supplant, but “ support the stability of the broader financial system , other relevant public interest considerations, and the objectives of relevant stakeholders.” (Principle 2, PFMI, 2012). That’s literally, “support the system on the system’s terms!”
Do YOU think the alphabet soup of IFIs above thinks of you as a “relevant stakeholder” — ? Do you think YOUR interests align with how the “relevant stakeholders” view “relevant public interest considerations” — ?