The American Dream: Crypto, Control, and Chaos in a Land of Shadows

As if caught in a Kafkaesque nightmare, the CFTC claims authority-authority granted by the ancient stone tablets of the Commodity Exchange Act-to oversee this chaos. “Retail trades with leverage must be on designated markets,” they say, as if that will keep the crazy train on the rails, when all around, spot crypto trades have been little more than the Wild West, or a madhouse. Now, they seek feedback-oh, the irony!-from stakeholders, as if anyone truly understands what’s about to happen. Comments are open until August 18, a deadline perfect for procrastination and incredulous laughter.






