You are viewing a single comment's thread from:
RE: Messengers Not Backing Down From The SEC
Indeed, simply delaying the process (even in the event of a loss) is better than rolling over to the government's commandments. We've all seen that the pace of technology greatly outpaces the speed of the government. We have to assume that by the time some of these legal battles conclude that the basic passage of time will end up ruling in the favor of decentralization.
This is exactly what happened with centralized digital currencies. There were many attempts to create centralized online currencies before Bitcoin came around and they were all slapped down by the man. Now, everyone points to Bitcoin like "See! They're allowed to do it, so can we!" It's pretty funny actually.
Hey @edicted. Absolutely the pace of technological progress is outpacing the speed which government works. As decentralized exchanges gets more user friendly and it gets easier for anyone to create digital assets, can you imagine the task of trying to keep up.
Imagine tens of thousands of digital assets being created each day all over the world. It is going to make their heads spin.