bioengineer.eth

Are you asking about cash or crypto ? For crypto: lower cost of capital transfers, immediate collateralized loans, store of value , tokenization of assets, application and retention of royalties to digital assets like books, real time, low cost insurance markets , cold storage ownership of significant assets to protect against theft Good enough start ? I’ll let others add more. If the SEC would follow Japan’s lead the fraud would be reduced significantly. And as a point of reference the amount of fraud in bulletin board stocks rivals that of today’s crypto. The SEC will let you trade billions of shares of bankrupt companies that have announced they their shares will never have value. This is an institutional failure of the SEC, not a crypto issue. If the SEC has instituted audited collateral and segregation of funds requirements , we would not have seen FTX and others fail.

If @joebiden loses, there is a good chance you will be able to thank @GaryGensler and the @NewYork_SEC Crypto is a mainstay with younger and independent voters. Gensler HAS NOT PROTECTED A SINGLE INVESTOR AGAINST FRAUD All he has done is make it nearly impossible for legitimate crypto companies to operate, killing who knows how many businesses and ruining who knows how many entrepreneurs. This is also a warning to Congress. Crypto voters will be heard this election. You could solve this problem for Biden by passing legislation that defines registration that is specific to the crypto industry just as other industries have registration that is defined for them Or you could do the better option and assign all crypto to be regulated by the @CFTC They actually know what they are doing @ericswalwell @SenSchumer