Jesse Powell: "I have a theory:Regulators let the bad guys get big and blow up because it serves their agenda"

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Jesse Powell saying out loud what quite of a few of us have been thinking for a while... (Tether, anyone?)

https://twitter.com/jespow/status/1627415364111040513

I have a theory:Regulators let the bad guys get big and blow up because it serves their agenda.

  • destroy capital/resources in crypto ecosystem
  • burn people, deter adoption
  • give air cover to attack good actors

The bad guys are actually on-side. Good guys are the enemy.

If the bad guys can run long enough without blowing up, they might just kill the good guys for you. Bad guys operate with huge competitive advantages. They suck up users, revenue and venture capital that would otherwise have gone to good guys. BG can always be jailed later.

submitted by /u/Dune7
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source https://www.reddit.com/r/btc/comments/117jmi0/jesse_powell_i_have_a_theoryregulators_let_the/

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