Quote from: Flexystar on Today at 07:01:26 PM

They are indirectly disturbing the Bitcoin economic workflow and in reality it's getting worst as the related products are failing to survive in the market. For example, exchanges, p2p platforms, financial institutes directly involved with BTC trades and much more are getting targeted and thus they are failing to run the business properly.

That's true. However: These businesses are not monopolies. I for example do not use neither Binance nor Coinbase and it's absolutely no issue (I'm however not in the US). Consumers themselves have to be a bit wary about the services they use, and which services they offer.

The problem is that some services, like the centralized "staking" I mentioned, have become so common, and even "diehard" Bitcoiners have partly fell in love with them, because they can give them some easy profits. But even a superficial glimpse on them shows that centralized staking is 100% a product which would need an authorization as a bank in most countries (not only the US).

And until now nothing is lost - those wanting to exit these exchanges can still do it. Yes, that can lead to a problematic "bank run" with frozen withdrawals and bankrupt exchanges. But MtGox has shown us in 2014 that it's never a good idea to leave lots of funds on exchanges (Yep, and I know of the problem that professional traders need funds on exchanges. That's their inherent business risk, that's why they can make profit). The best thing would actually be people withdrawing slowly to other platforms, diversificating the market.

Quote from: Flexystar on Today at 07:01:26 PM

Now, its big world and there are many people so we can't ask everyone to bend their minds to use decentralized platforms and that's different story so they are going to use these handy tools which ultimately fails bitcoin.

I don't think all centralized exchanges will come under attack from SEC. There are still some that do not offer products like staking, and they can limit altcoin tradings to non-security coins. Or close the door definitively for US customers. We sometimes forget that the US has only 3 or 4% of the world's inhabitants

Quote from: Flexystar on Today at 07:01:26 PM

Also, with the time SEC gonna put hard burden in Bitcoin's operation so it's still not entirely true what you mentioned about them. SEC does have Devils eyes.

This is pure speculation from your side. I don't say it's impossible, but current action is not going in that direction.