Uncle Gensler is not wrong about fake decentralization/ manipulation in crypto but securitization is not the answer, better regulations and oversight are! Don’t kill the innovation, just better watch bad actors!
Gary Gensler said "it's not about the token being on a thousand computers, it's like a group of developers in the middle." And I hate to say this – he is damn right. Majority of the crypto projects, including some of the very prominent ones" are controlled by a small "team" of developers. "Team" word…
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