Submitted by Mark Beveridge on Mon, 2024-01-15 08:57

The SEC decision was not unanimous. SEC commissioner Caroline Crenshaw said what many of us are thinking. "Bitcoin is a peer-to-peer system. Individual investors in the U.S. who want to invest in the product may already do so, either by mining it themselves or by setting up a wallet and buying it from someone else, each of which they are able to do from the comfort of their living room. That is the whole point of creating a new, censorship-resistant digital currency. So why is so much energy being expended on linking it to the existing financial system?
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