The primary reason for the invention of Bitcoin was to establish an autonomous, decentralized peer-to-peer payment system.
It's perfectly understandable that the SEC would want to see if Kraken's business model is sustainable. But we can never accept that they deprive people and their freedoms just like that.
Decentralization, security, and scalability must be prioritized in order to overcome this kind of abuse. In that direction are both Bitcoin and Ethereum (and many other coins) heading.
The SEC just seems like an HR department for Wall Street.
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