Now is the time to fight my brethren. The banks, government and old money are starting to get worried about crypto as it continues to grow. We are leaving the infancy stage and the pigs everywhere are beginning to notice that this is a real threat. They don't want decentralized finance. They want control. They want to spend YOUR money to make THEIR money. As the FUD ramps up, it is very important that we all stand strong and fight back. Educate people when you can... focus on the technology, blockchains, cryptography, the benefits of DeFi and most importantly how the banks FUCKED us in 2008 (later was bailed out and not one person was held responsible). The NYT article yesterday had quotes from the SEC chairman saying they want to 'protect' investors from this growing and volatile sector. My hairy white ass. Regulation is fine and NEEDED if we want to keep growing, but don't say you want to protect us... you don't. You want our money. You want to keep the big boy, rich club going.
I just think it is important for all of us to band together and FIGHT BACK. Educate your friends and family, post comments on big stories, write to your local representatives, promote crypto everywhere you can, SPEND crypto wherever you can. If you are a business owner, start accepting crypto. I feel the next 6-12 months are going to be vital as banks begin to worry, the US government starts creating rules and scrambling to appease their back pocket bank lobbyists that own them.
Just remember why BTC was created in 2008. Remember why Satoshi created all of this to begin with... to take control away from the financial elites and putting it in the hands of everyone. Our monetary system is beyond fucked. We don't have to work 8-5 5 days a week for $30-40k a year for a hyper-inflated, shit currency... while the 1% sip Cognac on their 5th mega-yacht. We have to think outside of the box. There are better options out there right in front of us. Automation and AI continue to grow and make human work more obsolete. Crypto is the path forward.
Sorry for the rant, I had to get it off my chest… The big takeaway is to be an ACTIVIST for crypto... Fight for what is right… It is easy to set back, read the news and hope things pan out well, it’s another to actively get involved. Let’s get our hands dirty! The time is now.
This is the way.
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EDIT:
There ere are already some organizations out there fighting the good fight... but don't let that minimalize our responsibility of fighting, too!
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Crypto Lobbyist/Organizations:
Association for Digital Asset Markets: Founded in 2018, 17 members. Crypto investment firms and related service providers that agree to adhere to a code of conduct for market participants. “Developing industry best practices that facilitate safe, secure and efficient digital asset markets.” http://www.theadam.io
Blockchain Association: Founded in 2018, 35 members. Blockchain-native companies, once including Coinbase, divided into working groups on a wide range of topics. “The unified voice of the blockchain and cryptocurrency industry.” https://theblockchainassociation.org/policy-positions/
Chamber of Digital Commerce: Founded in 2014, 200-plus members. Mix of crypto and traditional financial services, with groups ranging from token frameworks to smart contracts and accounting standards. “The unified voice for the blockchain technology ecosystem.” https://digitalchamber.org/
Coin Center: Founded in 2014. Think tank with a policy and education mission, with credibility from (relatively) long experience on the scene. “The leading nonprofit focused on the policy issues facing cryptocurrencies.” https://www.coincenter.org/
Crypto Council for Innovation: Founded in 2021, four members (Coinbase, Fidelity, Paradigm and Square). Bridging the crypto world and traditional finance. “Unlocking the promise of crypto.” https://cryptoforinnovation.org/
Virtual Commodity Association: Founded in 2018, two members (bitFlyer and Gemini). Nonprofit, co-founded by the Winklevoss twins, seeking to establish a self-regulatory organization for crypto marketplaces. “Fostering consumer protection and market integrity for virtual commodity marketplaces.” https://virtualcommodities.org/
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