Subject: File Number S7-02-22
From: Joshua Arthur
Affiliation:

Apr. 15, 2022

 


For all the talk about fostering innovation and protecting investors, I see very little in terms of matching words to actions coming from the SEC. Scams proliferate and you go after companies trying to bring decentralized solutions that benefit society. You are gatekeeping for the most powerful and nothing more. Everyone of you should be ashamed for protecting the richest at the expense of the poorest. “Qualified investor” means keep the poor down and you know it. 


Re: changing definition of exchange from “orders” to “buyers and sellers.” 


You want to completely destroy decentralized finances so your buddies at Goldman can create a centralized version you can control. But this is not how it this will play out. These blockchains are deployed, they cannot be shut down and the decentralized applications built on them - many of those project devs burned the keys to edit or change the protocol. THERE IS NO STOPPING THIS. DO YOU UNDERSTAND? If you attempt to shut it down, hundreds of thousands of the best and brightest of us, will leave this country for jurisdictions where we can use decentralized technologies without government interference. Your move. 


inappropriately broad standard for registration that would impose an unconstitutional prior restraint on the protected speech activities of countless software developers and technologists