The dismantling of the Bretton Woods System since the 1970s has led to economic slowdown and increased inequality, contrasting sharply with the previous Golden Age of Post-War Capitalism.

Deregulation of finance was understood to harm the global economy, as financial markets are volatile and governed by panics, manias, and crashes, leading to economic disasters.

If capital flows are unregulated, they can create a 'virtual senate' of concentrated financial capital that imposes decisions on governments through the threat of capital flight, undermining democracy.

With Bitcoin, capital controls will become obsolete, making it difficult for governments to seize assets as they have in the past.

The de-banking phenomenon, where individuals or companies are removed from the banking system due to their political views, is a significant issue.

We need to think about deregulating government itself to remove the rules that prevent it from achieving democratic outcomes.

The 'democratization of capital' means empowering everyone to fund what matters to them and raise money in various ways.

We need to think about deregulating government itself, getting the rules out of the way that keep government from achieving the democratic outcomes it aims for.

Citadel has played a significant role in democratizing finance, reducing trading costs globally, and contributing to both regulatory and market improvements.