So, China today announced for the 458th time that they're outright banning the use of crypto within the country - fair enough, I think they've got their point across.
Banks, well, I think it's obvious why they're bound to rub crypto advocates the wrong way - limiting access to and use of their customers' funds arbitrarily, condemning crypto for doing what they've been doing for 100 years and to a much greater degree; charging excessive fees, laughable interest rates and, by christ, it's difficult to find a decent parking spot close by.
The SEC...hmmm...give me a sec...oh, yeah! They help the banks and maintain the status quo - would probably advocate for feudalism if their overlords requested it of them. Oh, but wait, they've got Gary Gensler now - the old Genny boy MIT graduate crypto aficionado - he's going to turn it all around, finally bring the public to see crypto for what it is...What's that, Gary? No more staking? Well, fuck!
What else gets your goat, cryptoland?
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