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RE: Some thoughts on the recent DOJ crypto crackdown

in #crypto7 years ago

Great points @jcornel.

  1. I think that global assets like bitcoin will be regulated. It's essentially a global commodity. Each country will have its own rules and sanctions on trading in theory, just like oil, gold, or any other sort of commodity.
  2. I totally agree on institutional money waiting until its regulated. I work at one of the big 4 US Banks and my banker said we aren't touching bitcoin until its regulated. Case and point.