"While it’s true that Bitcoin is used to finance criminal activity, the system isn’t anonymous: since every transaction is publicly recorded, cash remains a far better option for criminals looking to keep things quiet". Former CEO of Goldman Sachs Lloyd Blankfein stated In recent article.
He also expressed concerns about how regulators might handle it. Screw the United States. Another poor decision. Think about It like this. Congress Is currently devaluing everything you own. For many reasons. But a big one Is to educate people to potentially pull us out of a major Economic crisis. Yet by regulating crypto, how many non-institutional Investors do you think will stay In the country.
How much do you think this will be worth five, or ten years from now?
Bridgewater’s Ray Dalio pointed to a similar tension in an interview with Yahoo Finance last year, saying that, "governments might even ban Bitcoin if they can’t effectively regulate it".
So I could go anywhere In the world to get recruited Into a high paying job In the Industry that shows the most technological progress we've made since the creation of the Internet. Now I'm growing constantly, but I am nowhere near my potential. What about the people that make up the foundation of non-institutional Investors In Crypto? In one way or another. Not only Is the U.S looking to drop these highly educated Individuals In a field that's very important to their goals for a better financial system. It will create a barrier to entry for the only people that can really dig the United States government out of the deep hole It has dug Itself Into.
Xrp Is just the start of what The SEC Is lobbying for. It's a typical move to get their foot In the door.
This Is a power move. Don't get It twisted. The U.S has always wanted complete control over the financial markets. The whole financial crime trash Is just to get the SEC's foot further In the door. So they can kick us In the face, and take from us further. Real Talk!