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It’s really not that safe. All US needs to do is tighten the screws a bit more on US crypto exchanges (hint: like they did today). BTC isn’t useful for someon
by steveBK123 4y ago
It’s really not that safe.
All US needs to do is tighten the screws a bit more on US crypto exchanges (hint: like they did today).
BTC isn’t useful for someone residing in US if you can’t get your dollars into or out of it. Centralized exchanges have been the main means of that.
They could make it progressively more costly & difficult to do so or shut it down entirely.
Remember predictions markets were dubiously illegal right up until they got shutdown.
Average Joe consumer and businesses aren’t going to go to the hassle of wallet setup to trade BTC for goods & services, so again it leaves speculation and exiting to USD as the main things to do with a BTC holding.