Sounds like the good times are over. Big brother is stepping in and going to push his weight around. It’s old news but an important part of the big picture: all those know your customer laws, plus the irs and coinbase, plus Korea and Japan regulations, plus futures contracts.
It’s pretty clear big gov is stepping in for regulating and the big institutionals (nongovernmental organizations which are really governmental organizations) are ready to step in and crash it to the ground.
I think illl take my healthy profits and get out. Bag holding and watching it drop another 30-40-50% isn’t for me.
The Governots can push and regulate all they like. The harder they crack down on crypto, the harder the people will push back!
Things like the blockchain were invented to decentralise - cut out the man at the top.