https://www.google.com/amp/s/financ...on-crypto-regulatory-framework-092500388.html What do or where do you guys think crypto will be headed when the government puts regulations on crypto?
Privacy coins might be the trial baloon. If anyones dealing with funny money, it'll in cold hard cocaine laced cash.... Maxis want to believe institutional money will give btc political clout, but the us did take everyone's gold post depression. Another idea is that since btc is portable, there might be a race to the bottom where debt laden countries welcome btc money. I saw an interesting theory that the fed sees use in btc and others as a way to sop up liquidity away from inflating the price of other assets. Without crypto, things like gold, housing and stocks would have an extra 2 trillion to slosh around. They're even getting a cut off it in capital gains taxes. My amateur opinion is there are always other cycles. Bet money you can lose at the stage of the game. This market is pure in the sense that your gain is someone's loss. J Powell aint gonna bail out a coin from a pump and dump or a DAO hack.
When you have so much at stake and people are questioning the energy usage from Bitcoin.... turn into a positive. Mining will use so much energy we will have to use more renewable energy!
