That is the real risk. That is why stopping them is an emergency action.
That is the real risk. That is why stopping them is an emergency action.
Part of the strength of the dollar is the volume of trade that is done in it, including much of the world's energy. All that money moving around increases demand.
I've heard it said that in most revolutions, the middle class enlist the lower class to defeat the upper class for them, and then they insert themselves as the new upper class. This 'revolution' seems no different. A bunch of upwardly mobile people fantasizing about becoming feudal lords after they disrupt the entire system.
Things are not going so badly that chaos would be better.
I gotta say, technologists as a whole are reasonably nice people, but one of the reasons I have hobbies is that there are nicer people out there than us, and lots of them. We should not be in charge of the world. This is an area where we are wrong and I hope for everyone's sake that we fail.
Pre-mines like this are entirely orthogonal to Bitcoin and other legitimately decentralized networks; it's pointless to discuss them as though they were anything alike.
Crypto will fail or succeed based entirely upon how useful people find it. That's how it always has been, and always will be.
It's not like the SEC hates Bitcoin/crypto on principle. Or Elon Musk (I'm referring to the 420 tweet). It just follows the securities law, a law that was established after the 1920s stock market crash and the Great Depression that ensued afterwards.
Again, it's not hard to follow the law. Fill the form, call it a day. Or don't fill the form and make sure you're only selling to accredited investors.
Also, filling form S-1 will help you getting professional investors on board. A whole lot of them trust the SEC data in Edgar.