The 'funny' thing is from the point of view that SEC might be helpful to prevent scams is that there are still scams under their noses!! Bernnie Madoff for example?? I understand they want control of the crypto and blockchain world as it could be a real disruptor to the status quo, but if it was all just left alone yes there would still be scams but people need to educate themselves and not go 'all in' to hopefully avoid them and if they get stung not lose their shirt. Just leave the whole lot alone to do its thing please SEC
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I agree, I think it would be better if the SEC or any governments in fact just left cryptocurrencies alone (the point of decentralized cryptocurrencies was to cut out the middle man/authority).