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RE: Running Security Token on Polymath - is it a REVOLUTION? (tutorial included)
Thank you for your reply @yintercept
The SEC has antiquated security laws.
Currently, the governments are afraid of cryptocurrencies because they take away the possibility of controlling citizens. It has to be admitted that users of crypto represent a small fraction of society, so there isn't enough pressure on SEC and governments to allow cryptocurrencies develop unproblematically.
In my opinion we need to build awareness among society in order to create such pressure.
If people could start trading with real world securities, we could change the world.
Indeed, this opens up unimaginable possibilities.
Cheers,
Jan
The huge drop in the price of crypto shows that the crypto market can't survive on investing in cyber tokens alone.
My hope is that crypto enthusiasts take the leap from just trading tokens to actually trading securities.
This would put a huge pressure on the regulators.
Unfortunately, what will probably happen is the regulators will use sharp drop in crypto prices to justify more regulation.