Well, when it comes to crypto everyone is trying to make money like there is no tomorrow. In this crypto race, people are trying to purchase "Ferrari's" out of crypto investment. Having seen these, why should government fall behind? Infact this is a great opportunity for government to collect more tax plus having records of anyone holding a substantial amount to cryptocurrencies.
I believe crypto has a revolutionary potential but because people are very bullish on crypto's , they will loose thier charm before they would even pass the growth stage, let alone the maturity stage. Cryptocurrencies is not for everyone, rather it is the most volatile investment in the human history. One day the price is on the sky, next day it is deep buried in the ground.
People should take a deep breath and get to know about the crypto's first and after proper understanding, they should buy crypto's
However, this bill can, if passed, can put a speed breaker in crypto's growth in USA. Just hope for the best.
Thanks @heiditravels . Good luck.
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