Post
Topic
Board Bitcoin Discussion
Re: Dont stay in crypto too long
by
Rengga Jati
on 19/01/2021, 23:02:54 UTC
Crypto is ruled soon by sec and goverment its not goodw

Please read this about what SEC is and what they rule, it is not only about crypto.
Quote
The U.S. Securities and Exchange Commission (SEC) is an independent federal government regulatory agency responsible for protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation.
Source here
It actually rules exchanges in the U.S, so it is not for the world rules. however, if any crypto from the US and are considered as things under their regulation, they will act for it. But if the cryptos are not, so they will not get attention from SEC itself.

what you said is likely a FUD spread to this forum base don your deep fear about what SEC can do. SEC can do their power, but limited in the US. They cannot rule the world. Although it may really influence certain cryptocurrencies, it doesn't mean to influence all crypto in the world coming from outside of that country's regulation.

Bitcoin is for poor people to earn money !
I think that you need to widen your mindset about this. Look around and not look at yourself only.