That means we are looking at digital assets through the lens of a law that goes back 86 years
I speak about why things like this brings a negation to the growth decentralisation. Basically the innovations that decentralisation brings is because a lot of people will have a say and the more people have a say the more innovations will spread and for a breakaway to happen, laws and norms and regulations that dates back such a lot time has to be binned this is when we'd realise we haven't even scratched the surface.
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Innovation is key on all levels. Without that, economies stagnate and die.
We are seeing a lot of that around the world. It is time to kick things in high gear. The governments of the world have held this all back.
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This is because the government of the world is stunchly bureaucratic in nature and these negates the kind of growth that decentralisation and crypto brings, hopefully this will change soon.
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That and it is concerned with power, not growth.
Politicians do not care about anything other than gaining more power.
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