Interesting thesis Joel. I suspect there are contradictions. Amazon for example has fairly large number of 'dodgy' goods and counterfeits and they do get delivered into USA. Cheap medicine is another large hole in enclosure in USA with shipments leaking thru.
Maybe some more elements are also contributor and maybe velocity of trade and volume may have been less the bother at this point in time. Once crypto hots up organizations 're-discover' crypto
Interesting thesis Joel. I suspect there are contradictions. Amazon for example has fairly large number of 'dodgy' goods and counterfeits and they do get delivered into USA. Cheap medicine is another large hole in enclosure in USA with shipments leaking thru.
Maybe some more elements are also contributor and maybe velocity of trade and volume may have been less the bother at this point in time. Once crypto hots up organizations 're-discover' crypto