tl;dr:

• It seems the SEC is going all in in the fight against crypto. Crypto will be fine. (Although not necessarily in the US.)
• Crypto is winning: “First they ignore you, then they laugh at you, then they fight you, then you win.” Now is the "fight” phase.
• The similarity between this fight in “the land of the free” and the fight against freedom of China should not be unexpected in the current context of world dedollarization.
• Given the current Everything Bubble, if you (????????|????????) cannot find any non-inflated assets, consider real assets like real estate or gold, at least while you can — see the Gold Reserve Act of 1934.*

HTH. Good luck to all Americans.

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* PD, comment from u/360ODYSY

Real estate will drop 50% over the next 5 years and gold has 10x the amount of paper gold in circulation than the actual gold supply.

No thank you, I'll stick with Bitcoin.