by Derrick Broze, Activist Post:

To those who might not fully understand the implications of the FTX implosion and the calls for crypto regulation – specifically the Digital Asset Anti-Money Laundering Act introduced by Senator Elizabeth Warren – let me attempt to enlighten you about what we are witnessing and what is at stake.First, a brief background. I have been reporting on Bitcoin and the crypto movement since early 2012. I have also been paid in crypto for my journalism since around that same time. I have used it to buy flights and other goods, accepted it for my books and shirts, swapped one crypto for another, exchanged it in true peer-to-peer fashion in person, etc. I don’t claim to be an expert, but I have actually lived the crypto life; and because I haven’t used a bank since 2008 it has also helped me move money around without a government or a bank.