You need protection, from everything, and most especially from the protectors.
“You Need to Resign”: Crypto Fans Slam Gensler’s Regulation Comments
The SEC chair, Gary Gensler, published an op-ed titled “The SEC Treats Crypto Like the Rest of the Capital Markets” in The Wall Street Journal Monday. The article is paywalled, so anybody who finds a free copy is welcome to post a link in the comments.
The protection racket run by banksters has a long history of synthetic crises to increase their reach, and deepen their pockets. Similar to the medical cartels that ensure repeat business by creating toxic cures that then require further intoxicating care. Both, together, will guarantee that you will lose both health and wealth.
Someone should remind the SEC that they do not rule the whole world - gents of BlackRock do that. And this very simple awareness should open one's eyes to who is truly protecting what.
I continue to urge crypto conceptual developers to look at how the Eurodollar market was created. One important aspect is that, although denominated in USD, this market lies outside the jurisdiction of the SEC. We have such crypto-enclaves already - they are also part of the protection racket by protecting the very wealthy.
"gents of BlackRock". lol. I assume an amusing typo.