Crypto is a universal finacing system, the general population are at a massive dissadvantage with the ability to lawfully avoid increased fees on their wealth. Crypto however does not need the generational accumulation of wealth in order to take advantage of it. To make my point a bit more clear, wealthy individuals are able to avoid tax and fees on their wealth by leveraging it against the system, charity donations, other write offs etc. But the average persons ability to use these tools effectively is stuck as they do not have the wealth nor knowledge to leverage these things in the way wea… Read morelthy individuals often do. Crypto however is a useful tool for doing a variety of things with your money, some of which put you in a better financial system, some likely wont. But the freedom Crypto has meant almost anyone can use it as a tool to build wealth and keep it longer for no monthly payment or large trading fees.
Crypto in my mind is more universally accessable regardless of wealth, knowledge and even where you are living as long as you have the technical know how to use it, and are aware of what exchanges to stick to for what purpose. I think increasing restrictions is inevitable, and there are certainly areas it needs more oversight, but looking at how governments and banks around the world are viewing it, it to me seems the restrictions will likely have those who are against crypto for reasons not of politics but protecting their own routes to wealth intermingled into these discussions. Also I dont view this as a party or even ideological issue, more so an issue of inherit discomfort authority tends to have when those under said authority find a way to use their own systems to get feasibly get to the same positions of power both on the left and right, though possibly for differing reasons.
