The relevance of the SEC hearing is that we no longer have to worry about the US government trying to work against us. Now that the SEC has made public the legitimacy of crypto, and their support of its growth, money will start POURING in. All the investors that were on the fence about this can now feel confident about putting their money into crypto. Thats why the market cap has gained 80 billion dollars in the last 18hrs. This will give the market the boost it needs to hit 1 Trillion dollars this year. If the hearing would have gone the other way, it would be a much longer winter for us. Sunny skies are in the forecast.
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Imagine: $1 trillion was nearly reached WITHOUT permission :)
but theres another trillion out there sitting on the fence, waiting for an authority to say its ok. Now the smart money is coming in and its gonna be epic. See where we are in Dec of this year!!
That other trillion is likely just as fake as the fiat system itself :D I agree with you, my friend!