To anyone with a brain, it's pretty clear he was a plant into the crypto world to gain more control over it. Governments are pathetic and will do anything and everything possible to control the people. This is the perfect example of it. I'm not anti-semetic, but I do also find it quite funny that he's Jewish, when Kanye (Who's seen the top and the power that resides there.) is claiming things are controlled by Jews. Seems not too outlandish when you consider the control governments are trying to push because of this Jewish person's "mis-step" as if he's stupid.. when he got to the top. Convenient for him to have failed while being intelligent enough to get to that point, magically, out of nowhere. Seems maybe there is some sort of agenda beyond face value and maybe exposure of that is starting to ruin careers and maybe there are those to blame. Governments are to blame above all else, as they were meant to protect and serve us, which they do minimally if at all. They seek power, control, and subservience. Crypto can't be bought, sold, or controlled. That is what those who seek power, fear the most. Whoever they may be.
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Regulation is just a means of control. Governments should not control money any more than an individual should control another's. WE should all be in control of our money and be the ones responsible for ourselves. The problem with humanity is the weakness in thinking we need numbers or to work together for everything. Sometimes the strength that comes from numbers is individuals working, strongly, alongside one another, without needing control or obedience from another or to be tied or bound to one another against our will. Broad laws do not cover every situation, experience, or moment. They should never be applied as a blanket, every case should be handled differently. Laws should not be solid, they should be adaptable. Most are not. Most are rule of law and obey or die or be put in a cage. Most laws are not to protect, but to ensure obedience. Government doing anything, is not for your benefit, it is for the benefit of the government.
Now how sincere the individuals you are referring too will be when they are meant to control. That was even why I suggested an AI system that cannot cheat. Because humans could colaborate to do that.
Well that's true dear, you said crypto cannot be bought or sold, I actually understand that people in power also contributed to FTX crash. But what measures can you think should be made available because it seems the government we know and don't trust seems to be better than a known trust person.
For instance I never knew SBF from anywhere but I got friends that invested into his idea though they have lost thier investment. So how do we get to control that.