They finally fucking did it. They found a way to destroy crypto.
mobile.twitter.com
Take a good read through this shit. Crypto is basically being treated as money and as such operators of any kind of transaction system for crypto are now broadly construed as money transmitters and require AML and KYC regulation.
Im growing tired Jow Forums
Empty threats, if they haven't done anything in 10 years they won't start now. Especially with a GOP-led Presidency and Senate.
Normally I'd be thinking along the same lines as you, but look at this in the context of the iFinex/Tether situation and I think its safe to say the money cartel is ready to carve their slice.
Oh I agree it's coming...someday. Especially if Dems gain control again. I just think now is not the time, don't kid yourself if you don't think alot of rich Republicans are quietly dabbling in crypto in the background and I bet you 100% Trumps knows at least the basics of it all but he has more important things to worry about. But yeah a shithead Democrat like the NY AG may try something on the local level.
The us government also thought they could stop people from smoking weed.
>America is the whole world
Faggot
See thats the difference here. This isnt prohibition its (((regulation))).
Well considering the US military is the one who will push in the shit of anybody in the world who doesnt follow (((their rules))). Id say it would be beneficial to pay attention to the ones making the rules there.
>Faggot.
Cringe. Imagine unironically believing the SEC can enforce or even know about p2p transactions on a decentralized currency.
Ok so then we agree that mainstream and insitutional adoption of crypto is unlikely then.
>Re-read OP