Hello Project HOPE friends, I hope you are all doing well. Today I want to comment on some things that I have been seeing out there, but the reality is something that seems absurd to me, and it has to do with the role of the SEC or the US Stock Exchange Commission, through its president Gary Gansler , who has been an obvious anti-crypto character.

I recently read that they want to regulate Decentralized Exchanges (DEX) just like they are regulating Centralized Exchanges (DEX), this does not make any sense, given that it is not possible, since being decentralized * They control* the assets or anything like the CEX do.

And I must say that I understand the point that states, especially those in developed countries, always pretend to have control of absolutely everything, basically with the excuse that it is to protect investors", but I think it is to see how they get your share in taxes and other things that I will be sharing below.

Cryptocurrencies emerged as a counterpart to the traditional financial system, the one where we are all, and which is under state control and private companies, in the end, it is a few people who dominate the majority of the banks in each country, and the main banks in the world . They tend to be led by a few people for decades.

But the parallel economy to the traditional one emerged, commanded in the first instance by Ethereum, which has the possibility of making smart contracts in its blockchain, and from then on, decentralized exchanges became a reality. In many of them large fortunes are handled, it is a reality, and there are those who earn a lot of money in these protocols, same money that is not passed through the treasury, that is, they do not pay taxes or anything, and this is where I think the problem lies. space in which states want metro hand.

_Source

The SEC is demanding that exchange houses provide information that is practically impossible to collect, at least if you want to maintain people's anonymity, because knowing exactly who is behind each of those wallets that interact with the different protocols is not something that is at hand with the DEX, among other requirements to be able to operate in the US, and this is undoubtedly a great limitation.

I understand that the fact that there are rules can help avoid certain frauds, I cannot deny it, but even so, it is not about the lack of information, but rather the fact of wanting to control and obtain benefits in the process. This is part of what I think about it, I would like to know what you can add, greetings.

_{Twitter | Instagram | Discord | Youtube | Telegram: @josevas217}