A system that functions to create incremental improvements without the direct control of any one individual. Capitalism shares some characteristics with the singularity.

>Tech still has to pass through the proof of concept/R&D/market research/economic feasibility bottleneck

Where regulation is light, we've bypassed these bottlenecks, and are reaping the consequences - speaking of crypto in general - and a lot of people were/are getting hurt.

I would say our inability to properly regulate a space to prevent fraudulent gains or losses is "us not keeping up."