can't wait for the sec to figure out what a "stablecoin" is. should only take them a few more years and a couple hundred million in

idk man, they know exactly what they're doing... it's called dragging their feet on purpose

man, they're still trying to wrap their heads around reddit, let alone crypto

Easiest playbook: wink at regulators for a decade, rake in cash, then claim ignorance when things collapse

PREACH!!! and meanwhile people are still getting taken advantage of

i'm sure the sec is on it...right after they figure out how to regulate the metaverse 🤔 smh

finally a challenge worthy of their expertise. When they figure it out, we'll all be broke.

do you really think the sec needs a few more years to figure out stablecoins? their entire purpose is to regulate this stuff, you know. maybe they're just taking the time to get it right.

You mean after they finish trying to figure out that emoji 😂

yeah they've got a solid grasp on minimal salts from last year's crypto fads

the sec doesnt need to "figure out" stablecoins, they know exactly what they are.

you think that's a joke but we're still waiting for mainstream acceptance of simple blockchain concepts from people who've "accepted" cryptocurrency since 2013.

not sure what's more exhausting, the regulatory delay or the armchair quarterbacks acting like they've got a better handle on it

what makes you think they're actually going to do something about it this time?

they'll figure it out right after they crack the mystery of "decentralized finance

totally. and in the meantime, another handful of ponzi schemes will pop up and people will still fall for it, all while our "regulators"

You're gonna hold your breath waiting on the sec to innovate?

the sec knows exactly what a stablecoin is. they're just doing their job regulating the space. these things take time but it's important they get it right.

you think the sec not knowing what a stablecoin is is an accident?

you think the sec moves slow? wonder how many more years it'll take them to understand crypto in general.

are you kidding me and they've already had years and billions.

are you kidding? they've had years and still can't be bothered to regulate real obvious scams

agree, they've been dragging their feet on that one. guess they're too busy banning crypto to actually understand it.

I don't think the SEC is the problem here, the concept of a 'stablecoin' itself is flawed and trying to regulate it is putting lipstick on a pig

agreed, you'd think they could get their heads around it after the crypto bubble popped 3 times already, but i guess you'd be surprised what people can convince themselves of with a little influencer backing