Goldman Sachs and the SEC are the same thing.
Expect Goldman Sachs to echo the SEC's push for crypto centralization and regulation with generous amounts of political spin applied to convince the public they're safer staying in fiat because bitcoin is a "bubble".
Expect Goldman Sachs to echo the SEC's push for crypto centralization and regulation with generous amounts of political spin applied to convince the public they're safer staying in fiat because bitcoin is a "bubble".
That would be a good time for Bitcoin to show its resiliency. If the SEC and all the bankers dare to try to stop it, we all know they will not be successful. The network was designed to be above any regulations and there is nothing they can do about it.
Sorry SEC, but Satoshi - 1, SEC/Banks - 0.
Do I think BTC will replace fiat? No. But its existence is still a win.
No, man. They don't even try to stop Bitcoin anymore. Because most people, even here on bitcointalk, consider Bitcoin just an asset and not a currency. So banks, SEC, governments, etc. they all have no reason to be afraid...
Try telling that to the merchants and the users in the dark markets. That is where all the real activity of Bitcoin is, not here in the forum.
And I did not say the SEC should be afraid of Bitcoin, what I said was they could not stop it.
