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Gossip & Opinions / Re: Bitcoins - about to hit $5,000 per coin today!
« Last post by gib on Today at 01:11:00 AM »Bitcoiners know there is no legitimate "alt" to Bitcoin. (Eth being an "alt" to BTC has long since failed as a narrative).
In terms of "competition" almost all of the "alts" actually compete with regulated securities, only they were illegally issued. So, to that extent, I can see why all those companies who legitimately raised capital in compliance with securities laws might see it as unfair that such businesses can breach the law like that. And it is for this reason also, that authorities will enforce the law.
In terms of "competition" almost all of the "alts" actually compete with regulated securities, only they were illegally issued. So, to that extent, I can see why all those companies who legitimately raised capital in compliance with securities laws might see it as unfair that such businesses can breach the law like that. And it is for this reason also, that authorities will enforce the law.