Uhm, the lack of government control has been THE major sales pitch for krypto in general. Try to imagine the toxic outrage in Cyberland at any government attempt to gain more control over that market.
Indeed. I also love how often people conflate “small business” to “Everyman.” A small business can have up to $40 million a year in revenue and 1500 employees. Not exactly
The mom and pop hardware store or small town cafe the word might conjure an image of.
People got into crypto primarily as a get rich quick scheme, those quick riches only existed because of lack of government regulation on the industry. It’s a bit like trying to ride a tornado to work to save money on gas and then suing because the tornado injured you. Like… yeah man. No shit. You can watch Johnny Knoxville do all sorts of stupid stuff on Tv and it largely turns out fine for him and he gets rich, but if you’re setting up a camera right now to try and film yourself drinking motor oil while being hit in the balls so you can cash in too- that’s not generally how that works.
The mom and pop hardware store or small town cafe the word might conjure an image of.
People got into crypto primarily as a get rich quick scheme, those quick riches only existed because of lack of government regulation on the industry. It’s a bit like trying to ride a tornado to work to save money on gas and then suing because the tornado injured you. Like… yeah man. No shit. You can watch Johnny Knoxville do all sorts of stupid stuff on Tv and it largely turns out fine for him and he gets rich, but if you’re setting up a camera right now to try and film yourself drinking motor oil while being hit in the balls so you can cash in too- that’s not generally how that works.