Question.
What if nations around the world allow crypto as an asset, while banning private holding of it? do you think that would make any difference to the market?
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Question.
What if nations around the world allow crypto as an asset, while banning private holding of it? do you think that would make any difference to the market?
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I think it would make a huge difference in the bad direction. If private holding of it is banned then that means all crypto would be hands of the government and I think that defeats the purpose of it.
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Hard to enforce.
Ultimately, I think a privacy layer is developed that ends up making government oversight a non-issue.
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One country banning it will only give another country that doesn't an advantage.
As we see now, being open and integrated into global trade is always better than being a closed shop.
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