Sunday, May 27, 2018

The SEC Was Born in the '30s and Still Thinks Like Confused Dinosaur

when the sec formed sometime around the 1930's, they were the "untouchables" is the investor space. security and fact checking for suckers and what we refer today as "nubes" or "newbies". but now it's 2018 and they're giving jay-z a tour pass to testify over a clothing matter, once he's done performing. let him grow his wealth from hard work committed, then dump it into the legality and taxes of it all. this is the scene of today. influenced by fat cats and responsible for the take downs of those not willing to play the game. 

being their an organization featuring five internal divisions and clearly have their hands full of bloody IPOs and brokers sleeping under desks, this is all truth laced blankets for their keeping away from cryptocurrency. Tech and finteh in general, still very foreign to the dinosaurs with ties on behind desks. they want in but their arms are too short. no reach means little understanding and sacrificing hell mary plays, rather than small ball. bunting. moving runners over to steal andvhustle the 90 feet.

the sec is, for now, is terrifyingly misinformed. the solutions to help call for backing off, stay traditional then gradually manage from afar as crypto learns to regulate it's own damn market. not that hard considering we regulate our own lives on the roads, streets and highways, right?  

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