Regulations Not Working?
It will start working soon.
Do you think it is true, that right now with the governments, banks “powers that be” in attempt to Gain control of BTC and other cryptos.
This seems to be true if you look at the actions of the SEC and the different (but with similar goals) laws adopted by countries.
They are trying to put into regulations etc. Yet there are troubles to making the cryptos as “securities”
Well, I think that this is a problem for the regulator and, with the proper desire, this status can easily be assigned to cryptocurrencies.
With all the lawsuits “they “ try to put onto the crypto companies. Has not worked in the “favour” of the powers that be?
Is this true?
Why didn't it work? Did Zuckerberg (Meta) manage to launch his Libra coin? Nope. Here's your answer.
Does this prove that the blockchain tech is a success?
You jump from one topic to another. Of course, this technology is successful, but what does it have to do with the discussion of cryptocurrency regulation?
That BTC could work as a money system for the people and help people to devalue FIAT currency?
Bitcoin may work as a monetary system, but currently (and perhaps forever thanks to large investment investors) operates as an investment financial asset.
Or am I wrong and the “powers that be” are winning and people will lose in the crypto world?
In any type of activity, the strongest win. You should know that the end justifies the means.
Your thoughts?
After reading your post, the only thought I have is that you should do a better job of structuring and expressing your thoughts.