Coinbase recalls direct democracy

 

That's great!

 

Apparently, the US authorities' policy of regulating the crypto business has so annoyed the largest American crypto exchange Coinbase that it has decided to address directly American voters.

 

According to statistics, there are 52 million cryptocurrency holders in the US. And each of them is affected by the war of the authorities (primarily the SEC) with the crypto business. And it’s not just the war - every aggressive remark that leads a government spokesman to the financial loss of millions of Americans.

 

The mobilization of 52 million voters is a very serious step, making a bid to transform the fragmented and amorphous crypto community into a real political force. Now the call to voters sounds quite innocent - it is suggested to address their congressmen and demand a clear "cryptocurrency" policy.

 

The situation is really dramatic: if the EC and its allies will continue to attack the crypto business, it will (and already does) lead to an exodus of crypts from America.

And who would benefit from that?

 

I am, of course, pleased with this initiative and absolutely support it. We have before us a real example of true democracy, when the basic issues of regulation are proposed to the people! However, I suppose that the guys from Coinbase, may have serious problems. They have entered a foreign territory - in politics they do not like competitors, especially such promising ones. They are either exploited by use as puppets or removed from the site.

 

So, the idea is great, but be careful, guys, and take care!

 

#Coinbase #democracy #cryptobusiness #cryptocurrency #voters