So apparently government couldn’t care less when banks secretly get $16T of bailouts of fiat from the Fed, but when people use crypto to secure their financial wellbeing, it becomes a problem

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So apparently government couldn’t care less when banks secretly get $16T of bailouts of fiat from the Fed, but when people use crypto to secure their financial wellbeing, it becomes a problem

And then we have SEC who sued Ripple for selling an "unregistered security". Why aren't the SEC suing the banks and the government for the bailouts, especially when these are the big banks that don't need them? Oh wait, SEC is part of the government.

When you hear about some criminal with a stolen suitcase of cash no one cares. Meanwhile, talk about carrying stolen bitcoin and monero and now people hates crypto for money laundering, and the government works extra hard to crack down and put regulations whenever possible. It's a double standard. And they let the banks launder $2T a year.

The government is fucked.

submitted by /u/Iiau_
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