A big mistake
Hi,
I recently read the following coindesk article, and i believe the author makes a grave mistake https://www.coindesk.com/policy/2022/05/04/whos-surprised-by-the-secs-power-grab/
and please let me tell you why i think so …
We should never forget that crypto brings freedom, freedom from the regulatory class and freedom from a certain elite
And that And Crypto is a high risk, high reward game, and each consumer that is stepping into the scene, knows or should know this!
)
We join the scene willingly, and we all have different reasoning to do so, but we all enjoy the many forms of freedom that crypto can bring us.
But freedom also implies that when you’re stupid, or you made some bad judgement, or invested wrong …. you bear the consequences yourself
To say it plain and very simple ….
When you burned your balls while playing, you sit on the blisters yourself
And beside that …
From the moment, that crypto gets regulated, all our freedoms will be gone
and also the high rewards will be gone
Realize yourself that before you join the cry for more regulation
Those are my 2 cents on regulation
)
Your post was upvoted and resteemed on @crypto.defrag
Thanks