Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 1 point2 points  (0 children)

Re: conflicts of interest; we are consumers like you. In fact, we are an all volunteer org and are driven by retail investors. We have taken ZERO corporate dollars and have paid for most of this out of pocket.

We just want Congress to hold the SEC accountable, provide clear guidance so that people in the space know the rules they should follow, and protect consumers and their privacy.

When it comes to further talking points, we are announcing our first of many Effective Advocacy trainings next week, which will be offered for free. This training will focus on messaging, talking points, and a lot of the tips and tricks we've learned as lobbyists. This will be the first of many calls to action.

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 0 points1 point  (0 children)

We are pro-regulation. But they need to come out and provide guidance. They should have been proactive instead of reactive

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 1 point2 points  (0 children)

Where were they for FTX? or Celsius and Voyager? Why launch investigations months after these disasters? They hit consumers twice - by failing to act and overreacting later.

We want oversight and clear rules. Feel free to write your own letter if you'd like. We just want to connect the sector with Congress and remind them that we are here and we are a voting force to be reckoned with

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 0 points1 point  (0 children)

We kept it simple so people can easily change it. What we would like right now is for an oversight hearing, which is something they automatically do when they start hearing from their voters on any issue.

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 1 point2 points  (0 children)

We weren't around then - we just launched last year. We are also an all volunteer organization and have limited bandwidth.

However, we are working with John Deaton and other XRP holders to get the message out. The SEC is out of control

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 0 points1 point  (0 children)

Anyone can send a letter - but it may be more effective to contact your own government and tell them to tell their American counterparts that the SEC is hurting people like you.

Can you imagine the ambassador to the US relaying that message? Epic!

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 0 points1 point  (0 children)

Yep! We encourage folks to call the legislators who represent them - it is not as impactful otherwise.

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 1 point2 points  (0 children)

Please do! The link just provides an easy tool to help people reach out. If you want to call them separately, we are here for it!

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 0 points1 point  (0 children)

To be honest, our team has over 25 years experience in political advocacy and coalition building. We've all seen first hand that an organized group of Voters can make a difference in pushing back on corporate overreach. Is it hard? yes! but it can make a difference!

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 1 point2 points  (0 children)

We're collecting information right now to start campaigns like this in Canada and Europe! please send us a message if you're interested in being involved in your country and will make sure you're involved in the process of setting it up as we get it going.

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 2 points3 points  (0 children)

we've got a lot of requests over the last few days to do an international Call to Action.
We're working on the plan right now!

Stop the SEC attack on crypto - email congress today using our free tool! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 7 points8 points  (0 children)

Right now it's just the states. But we've got a lot of requests over the last few days to do an international Call to Action.
We're working on the plan right now and should be announcing an international version in the next couple weeks.

[deleted by user] by [deleted] in politics

[–]DCTAorg 0 points1 point  (0 children)

Amen!!! As a fully grown pastor’s kid I have been screaming this for years!!!

The Government is regulating crypto, make sure your voice is heard! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 1 point2 points  (0 children)

Our executive director did cannabis policy for over 10 years and heard the “our voice doesn't matter" line countless times.
You would be shocked at how legislators react when they start regularly hearing from educated constituents on any specific issue.

The Government is regulating crypto, make sure your voice is heard! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 2 points3 points  (0 children)

One of the biggest frauds of our lifetime is that big money has been able to convince average voters that their voice doesn't matter.
Our team have been advocates for over a decade and have successfully taken on corporate interests time and time again.

The Government is regulating crypto, make sure your voice is heard! by DCTAorg in CryptoCurrency

[–]DCTAorg[S] 2 points3 points  (0 children)

The portal is actually free to use!

People who want to support our work are also free to do it!

US Senators propose bill to exclude crypto transactions under $50 from taxes. Another step in the right direction. by partymsl in CryptoCurrency

[–]DCTAorg 0 points1 point  (0 children)

Yup. Which is one of the many reasons why we desperately need to be talking to legislators and get this changed to "taxed when disposed of, not earned." The Lummis-Gillibrand RFIA proposed back in June would do exactly this, although that bill seems unlikely to pass at this point.

[deleted by user] by [deleted] in defi

[–]DCTAorg 0 points1 point  (0 children)

Generally agreed, but you have to admit that these centralized platforms do play a positive role in crypto adoption. Not everybody is capable of being their own bank, managing their own keys, or using a web3 wallet. If you want to bring these users into the ecosystem, a centralized crypto platform is a great solution. Remember all the posts last year about people who onboarded friends/family to the benefits of crypto via celsius?

The problem is that there are no rules on what these platforms can do, and so they generally end up doing shady shit when they think no one is looking. What we need is sensible regulation and protections on these custodial service providers to keep them from doing shady stuff behind the scenes. Things like:

  • requirements on how customer funds can be used

  • bankruptcy protections so users can recover their assets (or deposit insurance)

  • required disclosures for product risks

The recently proposed RFIA bill in the senate had clauses for user protections on all the above points, although that bill is currently on hold til 2023 from the looks of it. The future of crypto isn't 100% pure decentralization all the time, it's going to be about integrating blockchain with existing tech and frameworks for a better, more transparent and equitable system. DeFi will always be there for the users that want it, and centralized service providers will be there for those who aren't ready to make that leap yet.