#Approval of spot $BTC #

All crypto people are excited about the SEC's approval of spot $BTC.

This is an extremely important event that can radically change the attitude towards crypto-assets, society and the tsunami of adoption by various financial institutions.

But there is a small but, any asset, in principle, has a base and insurance, if you drive $BTC into the stall of various kinds of restrictions, it will not be the asset that free people love so much.

In general, my opinion on this matter is very pragmatic; such risky assets are unacceptable to regulators; lack of transparency as well as legal proceedings and taxation.

They will not cut the branch on which they sit very comfortably.