US Government recognizes Bitcoin as a commodity ---- but does not educate people as to what is happening?

in #bitcoin7 years ago

Source:
http://www.newsbtc.com/2015/09/18/us-government-trading-commission-recognizes-bitcoin-as-a-commodity/
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The commodity recognition is "old news" and you see recent new of States passing laws on Gold.

But why does all this "preparation" take place without "educating the American people"?

*Who is responsible to educate.....the banks ? The Politcians ? Who?

  • You see tremendous excitement in all the applications that companies are trialing --- are the schools teaching this ?

There seems to be a vacuum in responsibility here.

Are we suppose to only watch and listen to the internet -- while Google and YouTube are choosing who wins and loses. It really is interesting times.

You have to be your own bank....your own doctor....your own researcher....and the list goes on.

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They don't like to govern educated people

Yet they want your money...your rights.

Maybe it's a distraction to call it commodity. When it is actually money, like silver they call it commodity

For sure....that is what they cannot say yet....gold was money...but they could not print it.

If you can't print it , it's called commodity. lol

This is true.

Financial literacy is only for the few..let alone about cryptos nowadays.

I agree....they at us as telling us. 'What they want us to know"...meanwhile it can help so many. That is my complaint.

It will still go back to programming. Besides, most people won't even believe this crypto world even exists.

Yes....it is early. BUT...the list of VERY LARGE companies and governents ALL over are doing trials and sharing results (in their prof of concepts) ....as the citizens are starving for the future and where to invest their futures and money.

It is early and growing but not so much as yet. Just as many are starting to wake up.

Why will government educate people about that? ?
If they do their shop gonna shut and no politician wanna risk that

They will wait and impose their path, their way, the best for the government -- not for the people perhaps.

Pro crypto, antidisestablismentarianism..SEC already has ICOs on their radar

yes...and we know they will crack down on them while they IGNORE many other areas of responsibilities. I would not be surprised if they created areas where they can NOW come in and apply laws. --- there are clearly areas of fraud --- but they have an agenda in my book.

Dont get me started on hedge funds and naked shorts

I won't even try ....I will need to go to confession then :-)

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