#AirdropStepByStep btc ton Free market? Only with the SEC's permission
Have you ever noticed that as soon as people find a way to earn without banks and taxes, 'lawmakers' suddenly pop up?
And now: the Digital Asset Bill — a brilliant example of how politicians with good connections and even better portfolios decided: 'Let's regulate all this crypto madness. Just enough to keep only the necessary guys. Us.' Yes, friends, we are back in the same show: when the rich make laws to get richer.
Who is on stage?
In the lead role — French Hill, a Republican from Arkansas, a big fan of 'innovation' if it brings money to the right pockets. Together with other 'architects of financial integrity,' he proposed a bill that divides powers between the SEC (Securities and Exchange Commission) and CFTC (Commodity Futures Trading Commission). They will supposedly figure out which token is a security and which is just 'another attempt to become Elon Musk with a Telegram bot.'
Here's a bit of digital poetry:
• 2023: the volume of the crypto market — about $1.6 trillion.
• In the U.S. alone, crypto investors (officially) own assets worth over $180 billion.
• 58% of millennials in the U.S. consider crypto a long-term investment.
• And here’s a surprise: almost 70% of respondents don’t understand the difference between bitcoin and ether. But they do understand perfectly: if you can earn and not pay tax immediately — it works.
And now seriously (almost)
The bill requires projects to 'tell everything.' Token? Explain the economy. NFT? Explain why this JPEG even exists.
And if you say that blockchain is decentralized — prove it.
So, 'Guys, we have a DAO' — no longer works. Now a DAO must essentially be a DAO with legal certificates and a lawyer in glasses.
But what does this mean in practice?
1. Big players — green light. Coinbase, Kraken, BlackRock — are smiling. Startups with 5 developers on Discord — are crying.
2. Regulatory trap. The SEC has long wanted to call almost everything a security. And now there will be a chance to do this on semi-legal grounds.
3. Centralization of decentralization. The law promises that 'blockchains will be able to prove their decentralization.' That is, to be decentralized, one must centrally obtain a certificate of decentralization. Brilliant.
Between the lines: a global game
While the U.S. is tidying up its sandbox, the UK declares: 'Hey, crypto is personal property.' There, digital assets are equated to traditional property. Almost like a car or a vinyl collection. In other words, if you steal an NFT — you are not just banned on OpenSea, you can be sued.
And in Russia… well, you know: 'you can't pay with bitcoin, but you can own it, just not too much.' There is also a Digital Asset Bill there, just called differently and aimed at CFA — digital financial assets. Everything is strict. Everything 'within the law.' But they mine — oh how they mine.