RE: February 6th is shaping up to be an important day for Cryptocurrencies

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February 6th is shaping up to be an important day for Cryptocurrencies

in cryptocurrency •  7 years ago  (edited)

I don't want to sound like a staunch pessimist, but I just can't see how anything good can come of the U.S. government getting involved in so-called crypto "regulation."

My prediction: anon cryptos with opaque blockchains will not be allowed on approved domestic exchanges.

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Well I think expecting them not to get involved would be extremely wishful thinking. And to be honest, if we ever wanted to really big money to enter this space and consider it a legitimate asset class, regulations and the blessing of regulators was necessary. That being said, you may be right about the anon cryptos.

The Trump office will want to make money in Crypto, so probably they will 'ban' it so they can 'regulate' it.