Yet for the first time in history, the island is the entire world. There was no gradual cross-border liberalization of markets There was no mega-exchange merg

Yet for the first time in history, the island is the entire world. There was no gradual cross-border liberalization of markets There was no mega-exchange merger that got approval from multiple continental government regulators All there was being a new kind of asset that trades freely across the internet and is able to capture the pent up capital of the world, and the market decided.