Subsequent to this week’s crypto senate hearing (which was bullish for cryptos - no harm policy), there is a real chance the FUD (fear, uncertainty & doubt) will stop. I recognise a mood swing towards: regulation could be potentially perceived as positive for bitcoin and cryptos. Regulation protects the individual hodling balances at exchanges. Even though: hardline crypto fans view the financial system as rigged and that is why they believe in decentralised cryptos.
Bit of regulation is good
I think the regulations will be good that no more fud is speared, we saw inthe last days that nobody knew what is really going on , thats not good for the market, lots of panic reactions of these topic reading people!
nice post, upvoted & followed
@Janci How do you feel about the standard consumer who has got his bitcoins in a standard coinbase account? Don’t you think the standard consumer needs protection (possibly insurance), if Coinbase is hacked? This could also be a part of positive regulation.
regulations are destroying crypto
White House official confirmed this week: too early for crypto regulation. This is the policy of "no harm" confirmed in senate hearing.