Quote from: Tytanowy Janusz on Today at 02:25:43 PM

Currently, there has been talk of a bitcoin ETF for years. Something so prosaic and banal in its construction that it is hard to imagine that the SEC could ponder over it for years. BUSD was withdrawn because the SEC considered it a security even though it did not meet any of the Howey test criteria. BUSD is a stablecoin and not "an investment product that is purchased to make profits". we know it, the SEC pretends they don't. So don't be surprised that I am skeptical that in the next 5 years it will be possible to legislatively push through something as large and complicated as shares in a skyscraper in New York in the form of an etherum token, all thanks to some small project that has just released its token to obtain financing.

You remind me of a time in the past in this market when influence was independent of regulators, but in recent times I've seen people trying to dictate different metrics. The influence of the US economy, as well as many issues from the SEC, are affecting this market. I have had some arguments with friends about the fact that the SEC is not a judge and that bitcoin or crypto need to operate independently. Many of us are easily panicked/excited by what they say, that's ridiculous.
I have quite humorous fantasies about how one day, a regulatory agency from China or Russia will speak up about accepting and supporting crypto development, and everyone will look at the SEC with which eyes?