If you can't beat them....

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The banking cartel maybe selling down the entire crypto market, which would be costing a fortune, but they can not challenge the benefits of blockchain processes.
The benefits far out weigh the old-school methods, like moving from DOS to windows in effect.

How will the SEC deal with this?

Time will tell

https://cointelegraph.com/news/uk-based-global-funds-network-calastone-to-switch-entire-system-to-blockchain-in-may

If you can't beat them.... | Ecency