Honestly at this point I feel like the SEC is just paid off by big banks to try to destroy crypto. They have now threatened to sue coinbase for some of their interest earning products.
The stock market has been fairly busted for years. This has come to light recently with the whole GameStop fiasco. Regardless of how you feel about r/wsb, you have to admit that the stock market is corrupt as fuck due to things like pay per order flow.
Normal people are finally on a more even playing field with institutional investors because of crypto, but the SEC still targets crypto like no tomorrow with ridiculous tax laws when the real issues lie in the stock market.
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