You are viewing a single comment's thread from:
RE: SEC: '"The DAO" were securities and therefore subject to the federal securities laws.' - ETH Dumps 6%
This is the exact reason why cryptocurrency will succeed. These bozos are digging their own grave.
Are you talking about the SEC or the ICOs companies?
I vote for the ICO companies digging their own graves.. whether he meant it or not
I should have been more specific. Sorry, I got a little riled up.
My view is that the SEC is overbearing. As government tries to tighten their grip and increases regulations people become more disenchanted with their meddling. This drives people to seek alternatives.
I personally like freedom to make my own decisions. It bothers me when my government tries to protect me from myself. If I want to invest poorly then let it happen. To say that someone needs to be a "sophisticated investor" to participate in the game is a overly restrictive.
I would agree with that. And to add insult to injury, the taxpayers are the ones paying for this so-called "protection." It's pretty perverted regardless of which way you look at it.
Exactly. It's a beautiful thing to see some power returning to the common man. I feel like we're at the beginning of a big positive shift towards decentralization. I'm really happy to be a part of it.
Cheers. Thanks for your post. Stay Steemin