On January 3, 2009, Satoshi Nakamoto mined the genesis block of the bitcoin network (block 0), which contained a reward of 50 bitcoins. Now Fast forward more than 10 years later to 2021, and now there exists a whole host of new blockchains, some new and improved, in others just carbon copies. But as time has gone on, one constant question continues to persist, how will governments eventually come too except in regulate, this newfound industry of cryptocurrencies.
I know for some of us within the crypto world, we see regulation as unnecessary and burdensome, but crypto currency is now becoming a victim of its own success, and as more and more people begin to join the ranks of crypto investors and holders, more people fall prey to scams, of all their various shapes and sizes. Which has some politicians and bureaucrats calling for greater regulation. In this video we will go over a recent article I read called “SEC’s Gensler says crypto investors need more protection” and give you my opinion on what I believe this means, for the future of crypto projects. Source link to the article will be in the description below, OK now let’s get started.
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