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Yes, the crypto world is a hornet's nest, but the non-crypto world is ruled by bankers with an ever-increasing thirst for control over our lives. (Read up about
by racked 4y ago
Yes, the crypto world is a hornet's nest, but the non-crypto world is ruled by bankers with an ever-increasing thirst for control over our lives. (Read up about the Fed's new CBDC plans)
As far as I'm aware, Monero and cash are the only practical ways to pay anonymously.
So, who are worse? The congressmen who (perhaps in this case naively) tried to avoid overregulating crypto, or the remaining congressmen who continue to condone an economy completely manipulable by private bankers by way of the Federal Reserve?
- brian-armstrong 4y agoRegulating a sketchy Ponzi scheme with vaguely crypto trappings != regulating crypto
- throwaway1777 4y agoThey both suck and both should be criticized. But also both crypto and banks are diverse and not all bad.
- kelnos 4y agoIntent matters. Even if these congresspeople are correct that the SEC shouldn't be doing what they're doing, if the reason the congresspeople wrote that letter is because they received "donations" from cryptocurrency companies or PACs, then I think we should still give it some scrutiny.