- Crypto haters now have a chance to speak whatever they feel about this ever growing sector in the anti crypto conference.
- Cryptocurrency sector has faced massive criticisms from the skeptics since its inception, but it has not affected the investors from entering the market.
- Amid the ongoing turbulence, the crypto market has already suffered massive damage, with the current market cap of $867.2 Billion at the time of writing.
A Chance For Crypto Haters To Make The Bulls Relinquish The Sector
This surely is not a very good time for the cryptocurrency sector. With the fall of TerraUST, the entire downfall of the market, crowned asset Bitcoin appears to be struggling in the market, now crypto haters are on fire as they are going to organize their own anti-crypto conference dubbed Crypto Policy Symposium to criticize the booming sector.
Usually, the cryptocurrency conferences are organized to discuss the fresh developments, how it can contribute to the growth of the world etc., Crypto Policy Symposium appears to be a core to spread negativity regarding the ever evolving crypto sector.
Stephen Diehl, who is conducting this event stated that the crypto skeptics have a window to interact directly with the policy makers, and discuss the issues they think should be resolved.
He stated that this symposium is supposed to offer the relevant information to be forwarded to the policy makers, so that they have enough data to understand what course of actions they need to take in order to control the crypto sphere.
Possible Impact Of The Conference On Crypto Sphere
Let’s be honest, several regulators are purely against this ever evolving sector. It is legit for them to think like that, as it is taking their power from their hands, and who wants to give its power away.
Prime motive of the crypto sector remains decentralization, which focuses on taking the command from the centralized authorities to put it back in the hands of the people.
This conference is a once in a blue moon opportunity, not for the crypto skeptics, but for the notorious regulators like SEC, to keep the command in their hands.
In my opinion, the chances for the crypto skeptics to win are similar to Avengers conquering Thanos. Though, they are not in the Endgame now yet.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.