Apparently, the SEC's annual regulatory agenda was released 3 days ago, and there's nothing in there even remotely related to Bitcoin and competition. These guys must be messing with us, right? I mean these are the same people who had been calling for crypto regulation for the past twelve months or so. Whatever, we'll take it. These news couldn't have come at a better time as far as I'm concerned.
So, in other words, the government wants to grab as much BTC as possible, and thus, they've decided to play dead for now. Okay, this is just speculation and nobody really knows what they are up to, but I believe we all can agree that this might pump the market. All of a sudden, exploring the $2 trillion mark again doesn't sound far-fetched, does it?
For the time being, Bitcoin and alts are regaining lost ground in spectacular fashion, and it could be a coincidence. Whatever, we'll take it. Maybe the SEC doesn't really know how to handle the whole crypto thing, at least not yet, so they decided to let it go for now until they come up with a plan. Or maybe some real gigachads ordered them to sit down and be quiet. Whatever, we'll take it.
Deep down we all know that there is no way of preventing two individuals from engaging in a peer-to-peer transaction on the internet, but I don't believe that this fact discouraged the SEC from doing whatever they could to make life a bit harder for the average crypto user. Their stance is surprising to say the least, but it brings positivity into the space at such a crucial point in time, so whatever, we'll take it.
Now, the fact that most of us give two hecks about what twitter trolls like Elon Musk and financial elite puppets like the SEC have to say about crypto defeats the whole purpose of the space, but it think it's still early in the game, so we all deserve leniency. We are actually good kids; it's just that crypto Lambos are so sweet damnit! Plus we are dying to see banksters begging for crypto loans, hey.
Now, can we have that mega-run back, please? Can't help but think that BTC would look so sexy swinging over the $100k mark, no? And Peter Schiff fighting his keyboard all day long would be pure gold. Jokes aside, we're still in for a massive Q4, 2021, so sit tight and enjoy the show. And yeah, this is just a wild guess, so please never reach conclusions based on random blog posts. Nobody has a crystal ball; we are all expressing our personal thoughts here.
However, it is an undoubted fact that the crypto game is here to stay. The technology behind this financial revolution of our time was only invented less than twelve years ago, and we have already witnessed amazing things in such a short period of time. In the future, fiat values won't matter at all. We are talking about a new chapter in the history of humanity. We are talking about true freedom.
Alright guys, that's it for now. Thank you for taking the time to read these lines.
Just my two cents. This is by no means financial advice. Just sharing my personal views and experiences. Please do not take my word for your investment choices, and always do your own research.
Stay safe and have a good one,
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