At least that's what Cameron Winklevoss, one of the best-known twins in the field of cryptocurrency investments, claims. And guess what? The US is lagging behind!
In a post on Twitter, Winklevoss pointed out that while US regulators are busy stepping up retaliation against major companies in the sector, the country is missing an opportunity to become a key part of the future global financial infrastructure. And he's not the only one who thinks so! Many people are concerned that the US is trying to covertly crack down on the entire cryptocurrency industry. Is the US government afraid that cryptocurrencies are more powerful than Uncle Sam?
My working thesis atm is that the next bull run is going to start in the East. It will be a humbling reminder that crypto is a global asset class and that the West, really the US, always only ever had two options: embrace it or be left behind. It can't be stopped. That we know.
— Cameron Winklevoss (@cameron) February 19, 2023
Meanwhile, in the East, the cryptocurrency industry is growing and gaining momentum. Winklevoss predicts that the next bullfight will start there, and it will be a humbling reminder to the West that cryptocurrencies are a global asset class. The US will have only two options: embrace the technology or fall behind.
The Winklevoss brothers are no strangers to twists of fate. In 2004, they sued Mark Zuckerberg, claiming he stole their idea to create Facebook.
The story was told in the 2010 film "The Social Network". Since then, the Winklevoss brothers have become known for their investments in cryptocurrencies and for promoting the regulation and responsible use of digital assets.
Unfortunately, while the cryptocurrency industry is thriving in many parts of the world, the situation is different in the US.
The US Securities and Exchange Commission (SEC) plans to ban cryptocurrency staking services, and the SEC has launched an investigation against Kraken, one of the largest exchanges in the United States. Banks are also cutting ties with cryptocurrency companies, and Bitcoin miners are being required to report the energy consumption of their operations.
So, dear reader, if you want to secure your spot in the next cryptocurrency bullfight, maybe it's time to think about moving East! Or, you can fight for the West to embrace cryptocurrencies before it's too late. After all, nobody wants to be left behind in a bullrun, right?
Concordo!