Exactly, with the taxes being risky, and now the SEC creating new risks in securities regulations, it seems that the community is going to be reduced only to people who can afford to hire a legal team to navigate the regulatory risks. That will basically raise a huge barrier to entry which didn't exist. Reduces the opportunity for the average person of course but maybe they don't care about the average person having the opportunity to make money as much as they care about the average person having the opportunity to lose money.
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