The More They Regulate, The Less We Care

avatar

We are seeing an incredible movement taking place. The push towards decentralization and distribution is very powerful. When people are given the tools to produce what they want, amazing things happen.

Regulators are up in arms about what is going on. They feel that everything should fall under their watchful eye. After all, they believe the system would completely collapse without them.

Of course, we know there have been collapses to the system at times and government (and it associated entities) is often more the cause than the solution.

Does this sound a bit outlandish? A simply look through history shows how the gross mismanagement along with corruption of political leaders and bureaucrats leads to catastrophe. It does not take long to find many examples.

image.png
Source

Bigger Is Not Better

We know from the ICO craze of 2017 how it is easy to get on the SEC's radar. Here we had a situation where entities such as Block.One, Telegram, and other entities raised/were trying to raise money through this new medium. Of course, after the fact, the SEC came in and charged many companies.

The key is to not get on their radar. While many projects became household names, the idea is to avoid it. Instead, smaller is better.

Let us take the idea of something such as LBI. This is a project that is not going to get on the SEC's radar. Why? It is far too small. There were not hundreds of millions of dollars floating around. Instead, we are dealing with a project that started with under $100,000. In the world of global finance, that is a rounding error.

Being in a position NOT to catch the attention of regulators is ideal. This should be the focus of every project. Put together something that has the potential for enormous returns while being something that is not worth the time to mess with.

The key is to rinse and repeat.

Here is where the power of numbers enter the picture.

Many Many Many

Our buzzwork should be "many". For some reason, we have ingrained in our heads that big is what we are after. Billion dollar corporations want to be worth trillions. Funds that manage hundreds of millions want billions. This penetrates all facets of our thinking.

However, what if we went small but repeated it many times over. Instead of trying to be a big fish, we take to cryptocurrency with the idea of being a school of minnows; many many many minnows.

To put it in financial terms, what if one had $100,000 to invest. Obviously, this could all be put into one project. That would help grow it and could provide a terrific return. However, another approach would be to take $10K and put that into 10 projects. Here we see a much different path.

We will presume for argument sake, the return is the same. Let us now look at it from the perspective of the projects. What if each one had 10 people doing the same thing? We are dealing with $1 million. Thus, we could have 1 project with that or 10 with $100K. Which do you think is more likely to garner the attention of the "prying eyes?

The point being that a lot of smaller projects is exactly what we need. On Hive, we are dealing with a number, none of which would make any Wall Street list of most valued funds. Nevertheless, they can provide a stellar return, one that will grow our capital base. Isn't that what is most important?

At the same time, it is so far off the radar of anyone with any power that we see no threat from this perspective. While everyone seems to want things bigger, perhaps the best approach if multitude. Have the size component compensated by increasing the numbers.

Hive provides more opportunities than most of us have resources. None of these are enormous in size. Nevertheless, they are generating a fine return without the hassle of any government entity. This is key going forward.

All of this leads us to the point of not caring what they do. The bottom line is government hacks need to justify their time. Hence, any action taken has to have a major impact. This is not achieved by going after a bunch of small fish.

Perhaps it is best to go small and blend in. That way the target is not placed upon us.

What are your thoughts?

Article by @taskmaster4450le

Posted Using LeoFinance Beta



0
0
0.000
16 comments
avatar

For how long can we stay hidden from the radar of regulators? In the end we have to make a middle way out.

0
0
0.000
avatar

I am not sure I am following. They choose what they look at.

If we have millions of projects, what are they going to focus upon.

Posted Using LeoFinance Beta

0
0
0.000
avatar

The community we are in,is providing personal Job to us which is Hive. I don't think sec will stop us

Posted Using LeoFinance Beta

0
0
0.000
avatar

Good points. I can remember saying a while ago that I have plenty of long term investments, I just want something that will pay off in the short term. I don't feel that way so much anymore. There are indeed so many good things happening on Hive. I look at my Hive-Engine wallet and my top five or six holdings are all tokens that pay me dividends.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Keep filling those bags and you can become a major example for others. Also with the PoB concept, we can help others along.

A lot taking place. We just need to keep spreading things out. Putting some money in HBD savings and dividend tokens helps everything along.

Posted Using LeoFinance Beta

0
0
0.000
avatar

However, what if we went small but repeated it many times over. Instead of trying to be a big fish, we take to cryptocurrency with the idea of being a school of minnows; many many many minnows.

I like how you put it in here. Sometimes being a small fish "living the life" in your own tiny corner is definitely better than handling the hassle of running the waters big time.

What we have on Hive will replicate to many other projects as we enter the era of abundance. There will be projects that are going to be quite under the radar, but running several layers of creating abundance.

Posted Using LeoFinance Beta

0
0
0.000
avatar

That is true. A lot of what is being done now will be duplicated.

We are going to see many hop on board. If successful, why try to reinvent the wheel.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I also think smaller is better. After all, its not worth it for the authorities to target small projects because the payout isn't worth it. Of course, I hope we aren't the unlucky few projects attacks just to make an example of.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Which government though?

Your government is not my government which is not someone elses government.

Heck, just looking at the replies to this post and there are people from numerous countries, on like 4 different continents.

The decentralisation cat is out of the bag and there's no stuffing it back in.

No matter what any one government decides on a whim is the right thing to do on that day :)

Posted Using LeoFinance Beta

0
0
0.000
avatar

Which government though?

Your government is not my government which is not someone elses government.

It doesnt matter, they are all the same when it comes to power. Politicians want it and to keep it growing. Anything that threatens it gets on their radar.

Cryptocurrency is confusing governments because I dont think many of them truly understand the potential that exists. Once they do, it will be the "oh shit" moment.

And then they will really start to hit things full tilt in a desperate effort to save what they have.

Posted Using LeoFinance Beta

0
0
0.000
avatar
utopian-1up-logo-100px.png

You have received a 1UP from @sketchygamerguy!

The following @oneup-cartel family members upvoted your post:
@leo-curator, @ctp-curator, @pob-curator, @vyb-curator
And look, they brought !PIZZA 🍕
Cartel-Logo-inversed-100px.png

Delegate your tribe tokens to our Cartel curation accounts and earn daily rewards. Join the family on Discord.

0
0
0.000
avatar

Small fish, that's a good idea but the truth is that most people are small fish already waiting to be big, and we understand this place keeps us free from problems but the idea struggled to and still remain small is not everyone's dream.
it's a problem some deal with.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Keeping things open source is also very helpful. Their isn't much to take from a project that "makes no money" and doesn't sell anything.

There are a plethora of other benefits, but the ability to stay away from regulators may be among its greatest strength and opportunity to help the world be a better place.

Posted Using LeoFinance Beta

0
0
0.000
avatar

In grade school, I read a story about a school of fish that organized their school to look like a massive fish and they successfully scared away a shark.
A large school of minnows is a great start.

0
0
0.000