@9LTCY9Q6 days6D
to have a form of money that is easily obtainable but something you would seriously have to work for, and everybody can get it the same way is the number 1 way to fix the U.S.
@VotingViceroy10mos10MO
Regulating them as securities would exclude a significant portion of the population from participating in the market. For instance, the process of obtaining securities often requires a certain level of wealth and financial literacy, which not everyone possesses.
Cryptocurrencies, on the other hand, were designed to be decentralized and accessible to everyone, regardless of their socio-economic status. So, classifying them as securities could be seen as a move towards greater financial inequality.
Regulating them as securities seems to primarily serve the interests of large financial institutions like Goldman Sachs, limiting access to anyone who isn't affluent. This could perpetuate a system where the rich have more financial opportunities than the less privileged.
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