Ideas from books, articles & podcasts.
Expelled from the Royal Exchange, brokers congregated in Change Alley between Cornhill and Lombard streets in the City of London. In 1700, when the city government prohibited them from meeting on the street, their main trading venue became Jonathan’s Coffee House.
A market flourished where traders engaged in surprisingly complex contracts including forwards and options. Interestingly, none of the agreements were enforceable in official courts of law. Yet people engaged in them nonetheless.
MORE IDEAS FROM THE SAME ARTICLE
A more widespread adoption of the Kleros Token Curated Registry can be an excellent first step for the regulation of the emerging DeFi ecosystem. A method that is native to the internet age and more sophisticated than the “coffee shop regulation” which is currently provided by centralized private...
The regulation of financial markets has gone a long way since the early days of the gentlemen's clubs in London coffee houses. After starting as a purely private governance endeavor, the regulatory body for today's global financial infrastructure is a multi-stakeholder mechanism which encompasses...
In March 2019, Kleros launched the Token Curated Registry of Tokens (T2CR).
The previous section summarizes how Professor Edward Stringham describes the early days of the London Stock Exchange in his book “Private Governance: Creating Order in Social and Economic Life”.
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one sided and annoyingly incorrect copy, at least the list of protocols is of the big players
created 11 ideas
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