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RE: SEC to blockchain community: You are now regulated

in #steem7 years ago (edited)

It's funny that this should come up right at this moment - I have just finished composing this post: https://steemit.com/div/@elfspice/the-div-kernel-a-weed-that-has-found-fertile-ground

Governance is the core and very serious problem in 'Blockchain' projects these days. The only chain that is taking the proper due care to govern itself is Dash.

You can bet your bottom dollar that Dash is going to respond to this quickly, and effectively, and Dash is gonna see $1000+ prices very soon, because such a ruling is going to put a LOTTA rackets in some serious hot water.

That means you, @ned @dan @sneak @blocktrades @smooth @abit, just to address those who are by their own trickery or collusion in such positions of being responsible for what happens here.

I'm pretty sure I am going to be very glad, over the next 3 months, that I am holding my surplus crypto in Dash.

The DIV network will also be very responsive to this very serious issue as well. I believe it will even outdo Dash for its effectiveness, once it gets out of alpha and has an avenue towards exchange.

Government might be a bunch of corrupt assholes, but they do know one thing, that everyone in crypto better pay attention to: Without governance, they are being handed yet another tax cash-cow to milk.

Build governance into your chain, or prepare to be Governed.

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Dash is indeed looking ahead for various walls to stop before they get there, however do not forget the overall agenda of the release of all cryptos, people are completely speculating on a unproven future asset. A VERY dangerous game indeed. Stick to in hand tangible assets, only because of the current economic conditions. Grabbing onto a great white shark in the hopes it will bring you to shore from a sinking boat, is a VERY bad idea.

Dash is even looking at getting a seat on the TenX board now, in order to become part of the consortium to set up a FUCKING LEGIT BANKING LICENCE. Yes, I know, it's probably gonna be a pretty fraught process, but to have even one Fiat gateway controlled by actual crypto people... TenX and Dash clearly know thte score. It's time to stop letting the dinosaurs tell us how we do business, and, indeed, start self-regulating as well, above and beyond the standart of the banking industry.

I am quite aware of the need for tangible assets. This is why I have acquired a lot of things that would be useful and portable should I end up a bum on the street again (I'm doing my best to avoid it, also). Having spent a lot of time on the street I know what the real assets are in this situation. But I am gonna do my best to stay housed, because I am still far from a steady, symptom free health situation. Eating the food provided to street folk in Amsterdam triggered off chronic allergic asthma, and I now can barely get away with eathing anything outside of the spec that I have discovered. Even some very tasty ice cream today, and my skin rash and allergic asthma have flared up. Only the Paleo diet I have been following is not causing big problems. Even there, I am still struggling with dairy, which I think is also not helping.

wow, sounds like your getting back into things though, I have heard great things about that diet although I'm not sure I would enjoy it much. What cause you to go on the street if you don't mind my asking in public. There is no reason people of today should be in a bad spot like that. Greed is everywhere and people pay the price.

I landed on the street in the first place because my dutch passport expired as I was in the middle of job hunting. It was 7 months before I had ID. I had no help from anyone so staying fed I had to learn where you get free food and all the traps of living in Amsterdam...

I literally only just missed out by days from landing a job, and I also only missed out, not long before, landing a job working for the Ethereum branch that was set up there way back at the beginning.

The irony of where it was, is not lost on me ;)

As for the diet, it's not about enjoyment (though I am discovering many things that I may never have ever tried otherwise) - it's about evading the omnipresent threat of severe, and potentially life threatening allergic reactions that just seem to get worse the older I get. I stopped drinking alcohol and energy drinks, in particular, because they clearly both were contributing a lot towards my illness.

I am gonna have to fast today though... I don't know what's triggering this rash and asthma but I'm getting sick to fuckin death of it. It probably is milk.

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