Part - 2: SEC, the control of cryptocurrencies and the recovery of the hegemony of the dollar.

Originally Posted On Publish0x
Original title: Conspiracy theories (II): The SEC is paving the way for the United States to take control of cryptocurrencies and regain the hegemony of the dollar.

CONSPIRACY THEORIES (II)

In the first part of this article "Conspiracy theories (I): The SEC is manipulating the cryptocurrency market to favor banks and large corporations" I explained that "The SEC (Securities and Exchange Commission) is the regulatory body for financial markets in the United States. Its mission is to protect investors and promote transparency and efficiency." However, according to another conspiracy theory it is very likely that the SEC's hidden agenda is something else: to manipulate the cryptocurrency market to favor banks and large corporations, and pave the way for the United States to take control of cryptocurrencies and regain hegemony over the dollar.

How it intends to achieve this goal, the SEC is using several strategies:

🔱 It creates a climate of uncertainty and distrust among cryptocurrency investors, delaying or refusing to approve cryptocurrency-based financial products, initiating lawsuits and sanctions against cryptocurrency projects and companies, and influencing public opinion and the media to discredit cryptocurrencies. The SEC thus aims to cause a drop in the price and volume of cryptocurrencies, and discourage potential investors.

🔱 It encourages division and competition between different cryptocurrency communities, by selectively supporting or attacking certain projects or companies according to their interests. The SEC thus seeks to generate internal and external conflicts between developers, users and leaders of cryptocurrencies, and to weaken their cohesion and innovation.

🔱 It infiltrates and corrupts key players in the cryptocurrency ecosystem, such as trading platforms, service providers, regulators, experts or influencers. The SEC uses its power and influence to bribe, blackmail or threaten these people or entities, and get them to act in its favor or against its rivals. It thus seeks to control the flow of information and money in the cryptocurrency market, and to gain competitive advantages or regulatory privileges.

What is the SEC's ulterior motive for doing so? As I explained in the previous article "...the SEC is at the service of banks and large corporations, which finance their political campaigns and offer lucrative positions to their former officials. These players fear losing their power and profits if cryptocurrencies consolidate as an alternative to fiat money and the centralized financial system. Therefore, they want to maintain the status quo and prevent a democratic and decentralized financial revolution from taking place."

But there is more. According to this theory, the SEC is also paving the way for the U.S. to take control of cryptocurrencies and regain hegemony over the dollar. The United States knows that the dollar is losing its value and influence against other currencies such as the euro, the yuan or bitcoin. For this reason, it wants to create its own digital currency, backed by the dollar and controlled by the government. This digital currency would have advantages over traditional cryptocurrencies, such as greater speed, security, scalability and acceptance. It would also allow the government to track all transactions and collect taxes more easily.

To achieve this goal, the United States needs to eliminate or absorb its competitors in the cryptocurrency market. Therefore, it uses the SEC to weaken and discredit existing cryptocurrencies, and to create a regulatory framework favorable to its own digital currency. Once it has its digital currency ready, the United States will impose it as the only valid currency for international trade, and force other countries to adopt it or face economic or military sanctions. Thus, the United States would regain its dominance over the world economy and maintain its superpower status.

Dear reader, always keep in mind that conspiracy theories can have a negative impact on society, as they can generate distrust, fear, hatred or violence towards the alleged conspirators or those who do not share the theory. They can also hinder knowledge and understanding of reality by discrediting or ignoring reliable and verified sources of information. Therefore, it is important and more advisable to be critical and skeptical of conspiracy theories, to look for reliable and verified sources of information about the facts or phenomena occurring in the world. What do you think?

 “Everyone has their own forms of expression. I think we all have a lot to say, but finding ways to say it is more than half the battle" - Criss Jami.

"Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth" - Marcus Aurelius.

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Author's Note: The opinion expressed here is not investment advice, is provided for informational purposes only, and reflects the opinion of the author only. I do not promote, endorse or recommend any particular investment. Investments may not be right for everyone. Every investment in the market and every trade you make involves risk, so you should always do your own research before making any decision. I do not recommend investing money that you cannot afford to chair, as you could lose the entire amount invested.