But on the other side, we may not want cryptos to be controlled by the governments, because that would probably lose it's very meaning of decentralization. They have to come up with something that is acceptable to both the parties because cryptocurrency is now a reality and the governments can't deny it.
They do not even want to deny it. They want to destroy it. They know that the cryptocurrency is helping the poor, and they do not want that. They want everything for themselves. Cryptocurrency is not a partner for them, but an enemy, and once they achieve control on it, they defeated that enemy. Hopefully that will not happen.
That is true crypto is a reality, With states like New York and Miami minting their own cryptocurrency, it is here to stay.
The SEC asked for exchanges to volunteer shows that they do not have a lot of muscle to flex in this respect. If enough exchanges volunteer hopefully the SEC will leave smaller exchanges like Hive alone.
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They do not even want to deny it. They want to destroy it. They know that the cryptocurrency is helping the poor, and they do not want that. They want everything for themselves. Cryptocurrency is not a partner for them, but an enemy, and once they achieve control on it, they defeated that enemy. Hopefully that will not happen.
That is true crypto is a reality, With states like New York and Miami minting their own cryptocurrency, it is here to stay.
The SEC asked for exchanges to volunteer shows that they do not have a lot of muscle to flex in this respect. If enough exchanges volunteer hopefully the SEC will leave smaller exchanges like Hive alone.