The SEC is nothing but a bully who is being told by higher ups to help stop crypto since governmyth cant control it. News flash, crypto is here to stay and governmyths will fail as always.
Especially when Crypto Exchange have purchased the license to trade and then SEC still penalize them anyway, Bittrex exit the market, because that even if they are trying to comply with regulation and paid for licenses, they still get punished anyway. But some haters would cheer the end of crypto in the USA and only to realize that USA is trying to bring up even more sinister currency, CBDC.
USA Government is trying to bring up Central Bank Digital Currencies or CBDC, which is a crypto currency anyway, and if this is implemented and if they don’t like you or that they suspects you for any reason, they can literally delete your wallet and money. This isn’t a conspiracy theory:
My money is on people regretting that they help ban the cryptocurrency trading and now are stuck with CBDC in the future which is the most draconian and dystopian currency system ever conceived.
“Great job hating the crypto, now you’re doubly f’d by CBDC. GG.”
Preaching to the choir, but sing it. I am getting my money out of the dollar just as fast as i can so when the ship sinks i wont go down with it. I will give away my dollars while some other poor sap still values them. I can take out small dollar based loans against my crypto too because it will be easier to pay back the loan in the future thanks to inflation devaluing the dollar.
Edit: spelling
Would have been cool if they dropped the hammer back in the MTGOX days, then they could have saved the rest of us a lot of hassle