---
title: "Joshua Goldbard  " this is precisely why crypto as an industry has..."
date: 2022-11-28
source: facebook
type: comment
context: "Archer T. Ships replied to Ashley Meyer's comment."
fb_link: "https://www.facebook.com/dyi/l/?l=AYO6mUC9Ocik3KO0hnuaDld3-Cu5pHQICZYyo2Cqgwr8blt-yfRRZzw8OXDTQ1P6V_79EXYyKxpCU0vBxgmbokENa-FXWTgCY3iIzQ55l5QiN0osnPo2R9-Vq2C4TpcKLTKnCyTLXQIuztTk0LjIDeggaJ4ZXoTEPhcHP28FLlsp3wtObxdohbSoVwJoWoPuRUiKssQsPCbj&s=519"
---

# Joshua Goldbard  " this is precisely why crypto as an industry has...

*November 28, 2022 — Comment Archer T. Ships replied to Ashley Meyer's comment.*

Joshua Goldbard  " this is precisely why crypto as an industry has been asking for regulation for over a decade." The whole point of bitcoin was to wrest control of the money supply from the incestuous finance/regulatory apparatus after the 2008 collapse.   FTX was trying to re-create the same regulatory moats that protect legacy financial firms from competition.  IMO, the last thing crypto needs is more regulations.