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No, they don't. That organisation only works in the USA, they can't do anything for 'the world'. Let me clarify this: Just because the US SEC wants something d
by oneplane 9y ago
No, they don't. That organisation only works in the USA, they can't do anything for 'the world'.
Let me clarify this: Just because the US SEC wants something doesn't make it happen on the internet. They can do things with governments and companies, and that's about it.
If some random hacker in Ukraine decides to use a ETH or BTC or smart contract or create a new coin, the SEC isn't going to be able to influence that. There is no point of control there.
- krschultz 9y agoGood luck building the "economy of the future" without the US banking system. There is a reason banking sanctions are the US's most powerful non-military diplomatic tool.
- resf 9y agoTell that to WeChat, Alipay et al.
- stale2002 9y agoIf you want to build an economy of the future using the banking system, you already have a much better option. And that much better option is to just use the regular banking system. Cryto currencies have massive costs and disadvantages, and there is no point at all to them if you take about the fundamental premise and purpose of them, which is decentralization.