If Government did not back it, it would have been history since long time ago. Again, in my opinion exchanges are the backbone of cryptos. THe direct link to fiat is the main factor which keeps investors comfortable with cryptos. If exchanges were made illegal by governments and you suddenly cant get fast and liquid $$$ for your coins, the panic begins, and we all know that not a lot is needed to crash such a volatile market!
You are viewing a single comment's thread from: