Nothing serious, just my own thought on the crypto crackdown.

[Freddie Boyer]

I think America is actually quite crypto-friendly. it's just that the SEC is concerned about some crypto being considered securities and not the one who gives the impression that America doesn't support crypto. whereas this is only a matter of securities or commodities.

facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.

this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.

I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.

[Silberman]

I think America is actually quite crypto-friendly. it's just that the SEC is concerned about some crypto being considered securities and not the one who gives the impression that America doesn't support crypto. whereas this is only a matter of securities or commodities.

facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.

this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.

I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.

You are assuming the best possible intent for the actions of the SEC and personally I do not buy it, when it comes to politicians everything is about how much they can earn from every single move they make, now those profits can be on the form of taxes or more money for the people behind those actions but it can also come on other forms, and it is obvious that what the SEC wants to achieve is a greater control of this market, as the greater control they have of it the less of a threat they will feel about it.

[Fortify]

America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.

Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.

It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.

If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.

The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.

Your opening sentence sounds like a loser talking, almost every country since the beginning of time has tried to expand by force at different points, the more static lines we see that define countries these days were defined over many centuries by all sorts of warring factions. However America refined the most prosperous economic system the world has ever seen up to a point, although admittedly it seems to be regressing a bit now. All financial institutions are subject to regulations that have been built up over many decades and cryptocurrency companies are no exception to that. If you want to play with the big boys then you have to follow the big boy rules, anyone that has been around business for a while would understand that.

[Bushdark]

I think America is actually quite crypto-friendly. it's just that the SEC is concerned about some crypto being considered securities and not the one who gives the impression that America doesn't support crypto. whereas this is only a matter of securities or commodities.

facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.

this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.

I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.

No matter how strict the law could be, if American government decdided to ban cryptocurrency for there citizens that do not mean that other countries will not adopt the use of crypto for transactions even though it's not official.
 The sec seems to be causing problem with there strict regulations against exchanges and crypto projects. If it continues, it may cause a big loses to the government losing money they would have gained from tax crypto payers. There is a lot of money in cryptocurrency and the government need to bring simple and not too complex rules that would affect the interest of crypto exchanges and investors.

[karabiber]

I think America is actually quite crypto-friendly. it's just that the SEC is concerned about some crypto being considered securities and not the one who gives the impression that America doesn't support crypto. whereas this is only a matter of securities or commodities.

facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.

this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.

The USA is a country that has the potential to get anything it wants. Even if there are exceptions. The United States of America has smashed the places it occupied with the appearance of a peace ambassador and a defender of democracy. The USA is one of those responsible for the lives lost and wasted for the sake of oil, the youth that could not be lived, and the people who lost their families. You can have a good time in the USA as long as you serve your interests. Just like SAM. He is now at home, happily using customer deposits at FTX to finance his crypto company Sam, among which millions of dollars in political donations. Because of this illegal event, American politics remembered the existence of crypto and began to take precautions. Because the USA understood the amount of money in circulation in the crypto market and wanted to dominate the crypto markets. As he wanted to achieve in the Middle East, but this time without weapons.

Many crimes were committed, including money transfer fraud, money laundering and campaign finance violations, and the perpetrator is now under house arrest. Where is the justice in that? The USA is acting as it always does.

[Unbunplease]

I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.

Personally, I don't think the SEC's goal is to protect anyone. Banks are even more unreliable now (how many banks have already collapsed in the U.S. due to misguided government policies) than cryptocurrencies. The SEC is an unnecessary monster manipulating the masses. I hope the director of the SEC will soon be fired.

[Iadegbola34]

I get that you have some strong feelings about America and the whole Sam and crypto situation. It's cool to have different opinions, and it's important to approach discussions with an open mind.

But hey, let's not jump to conclusions without concrete evidence, alright? It's essential to rely on verified info and let the legal process do its thing.

Crypto has definitely stirred up a lot of money and attention, but we can't label the entire industry based on a few isolated incidents. Remember, there are good and bad actors in every field.

If you have legit concerns, it's best to report them to the right authorities. Transparency and accountability are key.

[robattfield]

I understand that you have concerns about cryptocurrency and its use to the detriment of others. I would like to reiterate that using cryptocurrencies can bring many benefits, such as reducing costs and saving time during payments and transfers. As for individuals or organizations abusing cryptocurrencies and causing harm to others, that is a legal issue and needs to be resolved by the authorities. It is impossible to judge that all those operating in the cryptocurrency sector have bad intentions.

It is expected that the authorities will work to ensure the safety and protection of the interests of cryptocurrency users, and encourage its development and application in various fields.

[Renampun]

...

I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.

regulation is indeed important to protect users and prevent exchange platforms from doing as they please in their operations. but this is also used by the SEC to be able to lock down the movement of crypto and show the crypto community that they don't want Bitcoin and crypto platforms to grow even more in the country.

so what you say that the SEC protects the users is not entirely true. they are just using this for their own benefit and maybe more extreme steps will be taken by them in the future if they want it, so that the crypto doesn't grow even more and threaten the popularity of the USD and disrupt their economy.

[CarnagexD]

America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.

Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.

It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.

If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.

The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.

I almost get triggered then I return back to OPs title that "nothing serious, just (his)my own thought on the crypto crackdown. I hope that Op no longer have that resentment towards America because if he do, he is talking out with a lot and general people living out there. I am starting to guess that maybe you're one of those who got scammed in part of Sam and FTX and now you're still at that loss of your fund.

Of course, BTC have a lot of opportunities not only on web3 but also right now with the bloom of AIs. But that also means that the risk is greater. More people will have more ideas to take advantage of other people who still don't have an idea yet as to what is a scam and what is not. It's not about America or another country. It's about individual self awareness and of their own funds at risk. So invest and trade wisely.

[Captain Corporate]

As someone who studied america in college, I can definitely say that their entire history is about taking whatever they want and not caring about the consequences, if anyone even remotely tried to say anything, they stopped them too, that's how they grew. Being a bully and hated by everyone doesn't really matter to USA because as long as they are rich and powerful, they can be as much hated as they can be. It all goes back to old saying "I rather cry in my ferrari than be poor and noble" and I agree, they are doing whats best for them, and hurting the world instead.

However, this one wasn't about that, this one was just a crypto or securities thing, like was it a coin/token or was it a security, and I understand it, that's a normal thing, I actually sort of even supported it, so that people could actually have a difference in the end.