Honestly, I really can't understand why these people in the cryptocurrency world always talk about 'compliance'. From exchanges to retail investors, everyone is focused on compliance and legality, and they seem thrilled when institutions enter the market. Do they really think that a savior has arrived? Look at the current situation: with that U.S. bill, U has become the digital dollar backed by U.S. credit, fully compliant. And what’s the result? It forces China to take drastic measures against U. Legislation on virtual currencies is expected to be issued this year, and the channels for fiat currency to enter and exit will likely be shut down. Trading U with RMB might directly lead to criminal charges, and it’s serious enough to end up in prison. Wake up everyone: compliance means legality, and once an industry is legal, ordinary people have no chance at all. Otherwise, why do you think so many people engage in grey industries? Over a decade ago, I was in e-commerce, and I easily made 5 million in 3 years. Back then, it was non-compliant, with no taxes, no oversight, and huge volumes could run freely. Just look at the current compliant e-commerce after taxes; how miserable has it become? Worldwide, is there any legal industry where ordinary people have great opportunities? Once an industry is legalized, a massive influx of institutional funds comes in, and their advantages in capital, information, and teams are beyond what a retail investor can compete with. If you're struggling as an amateur fighter, do you really want to jump into the octagon to wrestle with UFC fighters? Isn't that just asking for death? If Bitcoin had been legal from day one, what opportunities would there have been for figures like Xu Mingxing or Zhao Changpeng? The exchanges were established by Tencent, Alibaba, Baidu, and even the Shanghai Stock Exchange and Hong Kong Stock Exchange long ago; when would there have been a chance for these grassroots to rise? When did this industry start to decline? It was when more institutions came in and Wall Street entered. The institutions' scythes are getting faster, directly uprooting retail investors. Now, this market offers nothing but endless declines and volatile fluctuations, leaving no room for any hope. When a territory that originally belonged to the 'oppressed' becomes a rule-bound arena for suited individuals, this game is really nearing its end. #BTC C #加密货币 #合约交易 规 #阶级固化