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RE: Cryptocurrency And Wall Street

in LeoFinance2 years ago

A 50 to 1 ratio?! That's sad.

Wall Street simply switches asset class yet engage in the same behavior. We are now starting to see how FTX was really just a glorified money laundering operation.

Money laundering is illegal, but its glorified version is acceptable and legitimate.

Yes, regulation and compliance are getting louder as days go by.

What we saw the last year certainly was not cryptocurrency. As stated, it was more Wall Street games.

This is an important distinction that must be kept in mind.

Cryptocurrency is the epitome of a grassroots movement.

I love that!

. . . resiliency comes from distribution and global reach. This is one of the ways the present system can be usurped.

Reading this over and over again clarifies the power of global distribution and its relationship to resiliency.

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