RE: Mandala Exchange: Binance Bridge Shutting Down November 25th.
US regulators are so backward.
This doesn't help you.
It doesn't protect you.
All it does is force you to look at shady, offshore alternatives that don't give a fuck.
By choosing to ban exchanges instead of actually educating their citizens and allowing them to make informed choices, all regulators are doing is speeding up the offshore, decentralised web.
Short-sighted and overall a MASSIVE negative for the US.
...Yes I know the reality is that they're not there to 'protect' their citizens, but simply to increase the government's bottom line in the cheapest, easiest way possible.
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