⚯ Michel de Cryptadamus ⚯<p>People should understand that companies going forward will just issue crypto tokens instead of deal with the securities regulations that have protected investors for a century. There will be no disclosure of things like assets, ownership structure, and risks.</p><p>The <a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> has already changed the rules so that a company that wants to issue a token to raise money can just say "this is not a security and thus is unregulatable" and if the SEC does not object within 60-90 days then that company is in the clear permanently.</p><p>Mark my words, we're going to see <a href="https://universeodon.com/tags/SpaceX" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SpaceX</span></a>, <a href="https://universeodon.com/tags/Tesla" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tesla</span></a>, <a href="https://universeodon.com/tags/OpenAI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OpenAI</span></a>, and all the other opaque private companies burning insane amounts of money issuing tokens in the not to distant future. </p><p><a href="https://x.com/BanklessHQ/status/1906753486659920045" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">x.com/BanklessHQ/status/190675</span><span class="invisible">3486659920045</span></a></p><p><a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://universeodon.com/tags/finreg" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finreg</span></a> <a href="https://universeodon.com/tags/CFTC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFTC</span></a> <a href="https://universeodon.com/tags/regulation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>regulation</span></a> <a href="https://universeodon.com/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://universeodon.com/tags/HoweyTest" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HoweyTest</span></a> <a href="https://universeodon.com/tags/howey" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>howey</span></a> <a href="https://universeodon.com/tags/RobinHood" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RobinHood</span></a> <a href="https://universeodon.com/tags/VladTenev" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VladTenev</span></a></p>