America's glory years are marked by it being an early adopter of new technologies. Henry Ford invented the first assembly line. Edison and Tesla invented many new things which put america on the cutting edge of new technologies.
Now that bitcoin and crypto are emerging with great potential to advance and innovate money exchange. Many nations are rushing to embrace this new technology. Russia, japan, australia and many others are legalizing it recognizing its advantages and the opportunity present.
The SEC in the USA however is choosing to perhaps restrict innovation and progress by denying proposals for a bitcoin ETF.
This is not a new trend nor an isolated incident. Over the last 50 years or so we've seen america fall behind and squander any advantages it had from a global perspective in many tech based engineering sectors.
Is it ironic that a country once known for innovation and developing cutting edge technology is now choosing instead to repress innovation, invention and the type of cutting edge technology it was once known for?