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That wouldn't be a big hurdle to overcome. They will just outlaw self-custody and make it illegal for you to own your own wallet/private keys without some kind
by twox2 5y ago
That wouldn't be a big hurdle to overcome. They will just outlaw self-custody and make it illegal for you to own your own wallet/private keys without some kind of money license. The institutions will be unaffected if they still want to play with crypto for whatever reason, but other folks are going to be screwed because they won't be able to move their money in and out of fiat.
- rawtxapp 5y agoWho is "they"? Nobody universally and single handedly decides rules and regulations. For every person that will advocate for what you're suggesting, there will be even more fierce advocates for the reverse of that.
- twox2 5y ago"They" = the federal government. Also, I'm not suggesting that this should happen, I'm just saying that it would be pretty easy to throw a wrench into the crypto machine.