On the surface the idea sounds great
it is your job as a citizen of the world to look beyond the surface
I don’t want the government, any government, the SEC in this case, trying to regulate the cryptocurrency community
Then you need to do better than look at the surface and repost. If you have given money to kik you have to realize that not only did you give money to billionaire fraudsters, and not only do you have less money now to spend on yourself, but you also didn’t help somebody else who needs this money more. There’s plenty of real cryptocurrency projects that are criminally underfunded. Give money to them, not to fucking kik.
That aside, I do believe that SEC trying its best to regulate the ecosystem is a good thing. It provides incentives to build projects that the SEC cannot regulate, such as Bitcoin or Saturn Network. These incentives both inspire entrepreneurs like ourselves and Satoshi, and also direct capital towards real decentralized projects.
The world is not black and white, @fhstralow. I don’t like how the government interferes with investment process either (i.e. it is legal to gamble in casinos but illegal to invest in startups unless you are an “accredited investor”). But if your opinion is to be worth its salt you always need to consider the alternative point of view. How do proponents of regulation justify their position, and, if you disagree with them, how do you use them to further your goals which you believe to be right?
So, I probably should delete the post but I feel by leaving it up and telling others about my lessons learned that it could be a benefit to others to think and research everything before you post something or be ready to defend your position.
Absolutely you should keep it! There is no shame in being wrong, there is shame in not learning. I admire you for voicing your opinion and standing your ground when you believe you are right, and being able to change your opinion in light of new facts.
Keep being awesome my dear friend.