SEC - the new US debt collector.
Something must be done. About vengeance, a badge and a gun. Cause I'll rip the mic, rip the stage, rip the system. I was born to Rage Against 'em! - Rage Against The Machine
Today, let’s talk about one of the most beloved and favourite organization in the world - the SEC.
If you have been following the recent crypto news about SEC, US regulations and securities, you will find some common themes. Some of these are:
SEC is preventing America to win the technology wars
Chokehold 2.0 is coming from regulators and US lawmakers
Regulators are working with the financial lobby to shut down crypto
SEC is gonna deem every token a security - ETH or Pepe, all the same
We need more clarity and reasonable regulation around crypto. Help us SEC!
Lawmakers need to step up to not stifle innovation in the western world
“But so much money laundering and terrorist financing is happening!” - SEC
Clearly, as you can tell I’m not gonna talk about any of the above. I decided to provide a fresh perspective and talk about some SEC conspiracy shit actually. Say what?
But first, let us examine some SEC press releases, shall we?
SEC sues Binance
SEC sues Coinbase
SEC sues Goldman Sachs
SEC sues Wall Street Firms
You must be wondering now, why Slim Satoshi has fucking Goldman Sachs and Wall Street firms in this blog. This is exactly the core conspiracy point!
SEC basically took a $1.1 billion fine from Wall Street firms in 2022. And when you ask your favourite AI tool - where do the fines paid to SEC go? Voila!
So, why on earth will SEC provide clear guidelines around crypto? They have much more to lose when they do that. SEC gives zero fucks about providing clarity on crypto regulations, my friend. Crypto is a ripe field for SEC to milk some good ass fines for Uncle Sam. Sounds more like a truth than a conspiracy now, don’t it?
SEC is merely helping Uncle Sam not to default on itself as the devaluation of USD continues.
US debt is at all time high
USD is losing value rapidly and inflation is not helping
US is losing its dominance in the global economy
US lost a fuck lot of money in past & current wars
Russia sanctions and oil, anyone?
SEC is just doing it’s humble part to help Uncle Sam.
Just a humble conspiracy theory, please subscribe.