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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