Let's do a little recap on the IPO of Coinbase.
So, as of Thursday Coinbase, a San Francisco based company Filed a confidential S1 Filed a confidential S1. Essentially they are filing for the right to list shares to the public.
Now for most larger companies this isn't a big deal. Being that this is a crypto currency exchange there are a few hundred regulations differences. The most major of which has to do with coins they list on their exchange.
From the research I've been doing it seems like The SEC will have the power to say which coins are listed on any exchange if they go public. To me that just sounds like the fed not wanting competition when it comes to printing money. But then again that is just my opinion.
Now me personally I am not the biggest conspiracy theorist. I like cold hard facts. but it seems funny to me that every conversation with the great economic reset somehow seems to go back to the federal reserve. And especially when it comes to printing money.
Q.E. or Quantitative Easing is the newest bail out method. Instead of Letting companies fail under their own power. They say the company is too large to fail and would take down the economy with it so they bail them out. In reality, it just gives them reason to print money and devaluate the U.S. Dollar.
But I'm getting off topic.
The reason this seems like a sneaky little trick to me. Give the Federal government power to choose what coins can be listed, seems like another form of control. And personally, I think the Fed has lots sight of who is actually in control (or supposed to be.
Pst. Its us, the people..
Take what you will from this.
BUT SOMETHING ISN'T RIGHT......