It struck him as yet another strange and senseless feature of the grown-up world that the United States, which was otherwise willing to subject its poorest and most vulnerable citizens to state lotteries and casinos and other games of chance in which the odds were stacked against them, made an exception for securities, or anything that might be construed as securities. But those were the rules of this new game, and Sam had decided, with some doubts about their tractability, to try to change them—rather than do what the other crypto exchanges were doing, which was simply to ignore them.
