Post
Topic
Board Bitcoin Discussion
Re: Dont stay in crypto too long
by
kaggie
on 04/07/2021, 14:56:13 UTC
Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good


We stay for using cash 

The SEC?

The SEC is a US institution. It does not exist across other nations. Bitcoin is larger than the US.

The SEC can regulate exchange between bitcoin and cash. They are still beholden to US citizens as their employers. Increasing numbers of Americans are into bitcoin and concerned about lockdown based inflation. The SEC has to be enough above board or they lose their jobs.

Even in the case of other large institutions, they can try to crash bitcoin by selling their assets, but then more people get into it cheaply. They can try to manipulate through buying bitcoin to control more of it, but then current bitcoin users have more wealth.

Bitcoin is not the big question that it once was.