Thoughts on Crypto regulation // War against Bitcoin

Thoughts on Crypto regulation

  • Not pro-regulation but anti hypocrisy.

  • A lot of people want no regulation at all which is fine as it’s a principal stance.

  • People like Brian Armstrong want regulations in some places and not others as it aligns with his benefit.

  • Coinbase will have to register as a securities exchange but then everything on their exchange will have to be regulated as a security as well.

  • If all exchanges got regulated and had to allow only regulated securities to trade it would lights out for crypto.

  • A lot of exchanges and big projects have been pushing for CFTC to be the regulator instead of the SEC-to have lighter regulation.

  • SBF, Coinbase, a16z hire and send a lot of people to DC to lobby in their interests.

  • It’ll be interesting to watch what projects and exchanges do without SBF lobbying for them anymore.

What the race to avoid the war is:

  • 10 million Bitcoiners-people who truly believe in $BTC-from the U.S., are invested deeply in it and would go lengths for it are necessary to win the war.

  • The current number is 50k-100k, if the adoption race is won bitcoin could dominate money by 2035-40, if not it will have to be rebuilt and could take upto the 2100s to enjoy freedom and prosperity that BTC brings.

  • Whatever anyone can do to push BTC further helps the mission.

  • The governments, banks and non-bitcoin crypto needs to be converted or crushed for this to happen.

  • Anyone pushing adoption in El Salvador or building privacy tech in other countries also gives more time to get to 10M Bitcoiners in the U.S.

  • Adoption everywhere is important but the one country it matters the most in is the U.S. as it can then coordinate other countries as well.

  • Defi and crypto innovation will always muddy the water for BTC and not push it forward.

  • A lot of people generally settle into “What is money” and attack people’s perspective of money to convince them about BTC.

  • 95% of the people don’t understand Bitcoin the first time, they have to be hit with multiple messages and with the same message multiple times.


Excellent post.

I enjoy all your contributions.


this is a serious topic, regulation will be, but not soon


More & more info in your topic, big thanks to you!


@beastintheflesh7 you are a good man, thanks for great topic


Thank you very much for share info


btc is good. btc is not dead


Thanks for sharing this with the community.


Hey, you are welcome aboard the Aptos flight. We are so happy to have you in our midst. Sit tight, fasten your seat belt and adhere to the rules, cause we are going on Aptos ride. To the future :clinking_glasses:

Of course far from that.