Today, at the Crypto press conference, David Sacks' speech made it clear right from the start:
- Strong cryptocurrency regulation: What was supposed to be decentralized and controlled by the community will now be in the hands of the American state under the pretext of protecting investors.
- And how wonderful, in his speech he states that both Democrats and Republicans agree with the regulation of the crypto market, a bad sign.
- In the end, he still did not confirm the BTC reserve, saying that this will still be evaluated!!!!
- Increasing control by the state and large companies Blockchain is losing its purpose.
- From the moment the US has control of cryptocurrencies, the game is over, it will become an American weapon and it will become a mess worse than the dollar!
- And worse, the deadline to start discussing and moving forward with these measures is in the next 100 days, which coincidentally is the critical period in the current market with the expectation of interest rate cuts, bringing great uncertainty to the market.
- Blockchain is no longer what it promised to be, a free ecosystem emancipated from the state. Every day it is becoming just another technology for state and entrepreneurial currency.
$BTC #USA #TRUMP #DavidSacks
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