RE: BitShares-Based SEC-Compliant Tokens & Exchange

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BitShares-Based SEC-Compliant Tokens & Exchange

in bitshares •  7 years ago 

Your comparison to Torrents is interesting. But keep in mind Torrents only threaten the existing model of selling content that the entertainment industry enjoys. Torrent use does not threaten the very thing that gives governments power, which is the monopoly they have in the issuance of FIAT. Do you really think they will sit this one out on the sidelines?

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I don't think they'll sit back, I just don't see how they can successfully reign in cryptocurrency exchange regulation.

We may be able to change their policy by affecting public opinion throw educating campaigns , espicially as we have stable tokens (like bitusd ) that cant be a bubble
We also can buy policies by supporting politicians who are pro innovation