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by browsercoin 2781 days ago
That's not what they are doing here at all. This is a thinly veiled regulatory body which will pretty much ban/kill all PoW/PoS/or anyother pseudo science blockchain projects.

It will likely shut down once they realize corporate America has pretty much ditched blockchain and has moved on. The people who are writing optimistic comments are grasping at straws.

Blockchain industry had 5 years to go mainstream. All it did was create financial ruin for duped investors while enriching those who bought the pre-sale at restrictive amounts of capital to risk.

Blockchain is a shitty and slow database nobody asked for apart from the people selling it's tokens that is somehow necessary to appreciate and depreciate in value on terms dictated by the very controllers. SEC will blow you out of the water if you've been caught pumping and dumping. I am in the process of reporting/sending slack screenshots of people in Vancouver to the SEC for pumping and dumping.

Justice is coming. In the form of US extradition.