Re:YouTube channel “TechLead” creator has created a crypto a...
by ElViajero on Monday July 05, 2021 @02:19AM
(#27735116)
> wasnt crypto's entire usp its decentralized nature? No Fed,SEC or other centralized body that would breathe down your neck.
I can plant tobacco and make "unregulated cigarretes" with the goal of not being regulated by any government. The goal is that you can smoke it anywhere, no regulations on its composition, and I can advertise it anywhere.
That does not matter, it is still regulated and I cannot unilaterally opt-out of government regulations. (Or I can, but that is a crime and is what crime organizations do).
I can plant tobacco and make "unregulated cigarretes" with the goal of not being regulated by any government. The goal is that you can smoke it anywhere, no regulations on its composition, and I can advertise it anywhere.
That does not matter, it is still regulated and I cannot unilaterally opt-out of government regulations. (Or I can, but that is a crime and is what crime organizations do).