If you are a hammer, everything will look like a nail to you.
Have you noticed that one arm of the United States (The SEC) has been going after cryptocurrency projects? If you think that this is an isolated incident, you will be wrong. It is the whole US government trying to undercut the retail investor, you and me. The government of the United States is just another UK just before America's independence. Don't be naïve. Those that work in government and benefit from it are not happy with people making money and achieving financial freedom because a person with financial freedom can challenge the status quo that the rich and their pals have been working for years to exploit.
You will hear that the SEC is looking to protect you from evil crypto projects as if you were not an adult who doesn't know what to do with your own money. Make no mistake is not about protecting you; it is about power, corruption, and the desire to keep the population under check so that regular citizens don't have a way to participate in an economic system that the government can't devalue.
The central government and banks know that their fiat currencies are worthless and they know that if they want to get your wealth and your children's wealth they need to first inflate and later deflate until you have not a penny to your name, and wake up tomorrow homeless and a debt slaves. So those institutions that work for central banks and governments will try to undercut your ability to participate in the new economic system which is cryptocurrencies.
Decentralization is a big threat to the whole status quo and those that benefit from the printing of fiat currencies at your expense, so governments will try to control and at times even destroy it. They will say it is to protect you or to prevent criminal activity. By to way that same government can say that everything you do in life can be an illegal activity and as such, it can put you in jail or even terminate your life. At some point even this article could be seen as an illegal activity, so you can forget that the SEC is doing what is doing to protect you, it is doing it because those that control the current system are not happy and which to destroy the advance of digital decentralized cryptocurrencies.
The first decentralized protocol was Bitcoin but now we have even more protocols that in grouping them all we called them DeFi (Decentralized Finance) which is a totally direct alternative to corrupt banking systems and government-back fiat currencies as well as any future government or central banks digital currencies.
You can bet that those that control the whole system behind closed doors are the ones moving the puppets that do their bidding trying to discourage the inevitable usage of decentralized digital currencies and financial tools.
Central banks can only take your future if you let them so take your future into your hands and collect your satoshis and hold them for dear life, and if you have a chance to spend some of your satoshis for real goods and services make sure you can replace the amount you used. Eventually, all fiat currency return to their intrinsic value of zero just like the Venezuelan Peso did, and soon enough it will be the turn of the dollar and even euros. Make sure you are prepared before that comes to pass.
