Whitehouse published 35 page report debunking the merits of crypto assets! We are officially in the bull market!

Source: https://cointelegraph.com/news/crypto-fud-industry-outraged-as-white-house-report-slams-crypto

The level of energy/ activity in the Governments' area for Crypto is insane across the world. In the past week, US, Germany, Switzerland, EU...have issued major statements/announcements on Crypto. Not saying they were quiet all along. They were releasing a statement here or there, some concerted effort once in a while but the level of energy around Crypto has spiked in Government. Unfortunately, a lot of their energy is not constructive. Some of their efforts are referenced to bank failures, some are to FTX type collapse and some due to ongoing shady activities but overall, it's depressing to see the dynamics in the Governments across the world towards Crypto.

The mistake Governments are making is they are undermining the promise of one of the most powerful technologies in generations because of their myopic view or misinformed perspective - only hurts the progress. This also stir up the frustration among people who believe in Blockchain/Crypto/ Decentralization.

Anyways, this can clearly be in a better state but this level of energy flowing from Government in Crypto/ Blockchain somehow starting to indicate there is more happening in the market than I/we see. May be we are in the bull market :)