Dear Readers,
Our societies have arrived at the point over the past several decades where our lives are largely controlled by the whims of governments, some democratic, others tyrannical, or, in most cases, a combination of the two. Granted, we don’t see the government’s representatives hanging around at our bank, grocery store, or place of business too often. So it might be difficult for some of us to understand the amount of influence governments have on our day-to-day lives. But the government regulators and bureaucrats are always present in the background, mandating how the businesses we interact with can serve us and dictating which goods and services we can buy and sell.
We may not always be conscious of government oversight in our lives, but deep down most of us are aware that it’s there. It should come as little surprise then that countless individuals in the Bitcoin and Crypto communities have been anxiously awaiting an executive order from U.S. President Joe Biden regarding upcoming regulation of the industry. That executive order was leaked on Tuesday and then officially released on Wednesday.
