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You don't have to like Bitcoin, but you can't ignore the digital age.\xa0\n\n\nSimilarly, you didn't have to be a Netflix subscriber to understand the trend to replace retail store movie rentals.\xa0\n\n\nHeck, you don't even have to like movies.\xa0\n\n\nLet's start with this simple question.\n\n\nAre digital assets securities?\n\n\nThe US has permissive policies toward digital assets, but the lack of coordinated regulations is causing problems for investors.\n\n\nMultiple agencies have tendered opinions on digital assets.\xa0\n\n\nLet's take a look at a few of them.\n\n\nSEC\n\n\nTreasury\n\n\nFederal Reserve\n\n\nCommodities Futures Trades Commission\n\n\nThe IRS\n\n\nI wonder why governments are concerned about digital assets?\n\n\nSome governments have adopted bitcoin as tender, but some have adopted restrictive policies.\xa0\n\n\nMany governments have adopted their own CBDC.\n\n\nA CBDC is a Central Bank Digital Currency.\xa0\n\n\nLike technology and manufacturing policies, countries that have developed friendly policies towards digital assets will reap their rewards.\xa0\n\n\nWho uses coins and paper currencies anymore?\n\n\nPrinting bills and making coins cost governments around the world millions.\n\n\nCriminals love cash, and criminals can also misuse digital assets. However, criminals hate regulated digital assets.\n\n\n\xa0The digital age is here to stay. Ignoring the trend is like telling people 20 years ago that online banking won't last.\n\n\nWe have no choice but to prepare for the digital asset revolution. At least be informed enough to understand it.\xa0\n\n\nYou don't have to like digital assets or invest in them, but you can't ignore the digital age. Therefore, one must understand the space.\n\n\n\n\n\n\n\n\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/joesotoproject/message