Regulators want to label all Crypto as securities to “protect the retail“, but in reality their so-called securities scam retail the most and make the rich only richer.

It is a tale as old as time that the SEC is doing all and their best to just label all of Crypto as a security (maybe with the exception of Bitcoin as they sometimes indicated), there have been many clashes over the years over this and we all kind of know that this is just a move for them to increase their own control over Crypto. But let‘s even try to understand their argument too.

The SEC has nearly always put forward as their main argument that Crypto is not safe at all and that they want to protect customers and the retail through labelling it as a security. We never talked about this, but even this does not make sense if we even think that the SEC is very honest of protecting customers.

Stocks are securities too and especially they somewhat scam the retail the most and are basically only there to make the rich people even richer, the most brutal example of that may be some IPOs from the past years.

​

Current Market Cap vs IPO market cap of some firms, showing some extensive losses

Here we can see the biggest IPOs of the past years and how the SEC let a ton of highly overvalued firms through, where retail bought the top and got burnt. The best example may be Rivian, an electric car firm that barely sold electric cars, but still got a valuation of over $80B at its IPO. Does not make sense at all and the SEC let it happen, while it seems obvious that only the rich profited off this.

Just shows how even the most basic argument of the SEC is just a plain lie as they truly never care about Retail even one bit and only want to serve their rich donors and friends.