why bother complying with all the onerous rules that regulate the selling of securities to the public when you can just sell them “tokens” instead?

SpaceX and OpenAI are privately held companies that have disclosed virtually nothing about their businesses to the public (which they would be required to do before selling "shares" instead of "tokens" to mere mortals).

you’re looking at the death of 100 years of more or less successful financial regulation. all the rules put into place after the great depression are pretty much kaput.

#SEC#CFTC #regulation #uspol #uspolitics #finance #eupol #economics #stockmarket#SpaceX #openai#AI#HOOD#RobinHood