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Iunno. I'm not sympathetic to either side really, but after a certain point regulating digital currency is outside the US's purview of control. They can regulat
by smoldesu 3y ago
Iunno. I'm not sympathetic to either side really, but after a certain point regulating digital currency is outside the US's purview of control. They can regulate the exchanges for fraud pretty easily, but fully regulating P2P crypto transactions is an unattainable nightmare scenario on most blockchains.
My best guess is that custodial wallet (eg. "we'll handle your finances, trust us...") services will be regulated into submission a-la banks, and P2P transfers will be an ongoing issue a-la cash. If war is declared on cryptocurrency, it will probably be for national security or economic superiority reasons. My $0.02, I haven't held crypto in years.