Market is again down for 5-6% after SEC rejected some more Bitcoin ETFs (Exchange Traded Funds). In one hand to gain people's trust on Bitcoin, it is necessary to regulate cryptocurrencies but in other hand, practically it's hard to regulate entire crypto because it's decentralized. People who understands the potential of this technology and privacy on their assets they are happy with the decentralization.
Does Fiat Money, Stocks are not manipulated?
I just give a big laugh whenever security commissions like SEC talks about bitcoin price manipulation. Are they really concern about people's money ? i don't think so, because they only care about their monopoly on fiat, they don't want to lose the control on money, what they print on notes. Stock markets are highly manipulated by whales, everybody knows that, is our government really care about it? Answer is no. I still believe that Cartel group exists to manipulate this markets.
Why BITCOIN is an anti-key to centralization?
Satoshi Nakamoto had a clear vision for future that one time will come few countries will get centralized by money/ wealth power and bitcoin is it's solution. Why Japan is so much positive about this currency? Because USA accumulating more wealth and money in this world and it's world business center. Asian country are more advanced in technology development but still their country men not have much salary like US or European countries. Bitcoin can solve this problem.
Do you ever think it? Despite of rules, a country can manipulate freshly printed notes? Does anyone going to investigate? No
So DECENTRALIZATION is the key to transparent world and perfect balance of money power. because you can't fake a crypto and it's all transactions are transparent to public blockchain.
