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Is the US leaning pro-crypto or the current administration in power? My guess is that it's like saying the US is leaning towards tariffs, which may or may not b
by jimkleiber 1y ago
Is the US leaning pro-crypto or the current administration in power? My guess is that it's like saying the US is leaning towards tariffs, which may or may not be stable.
- root_axis 1y agoYou can be assured that future administrations will not be turning off anyone's money spigot, now that the door is open it's impossible to close.
- jimkleiber 1y agoHmm, I think plenty of administrations (or rather, legislative bodies, if we actually want to get back to the Constitution) have acted in a way that made it less profitable for businesses to operate, so I think it's very possible to close.
- root_axis 1y agoCryptocurrency regulation isn't a cause that most people are passionate about in either direction, so reeling it back in won't afford politicians any popular support. All it can do is create rich enemies who spend lots of money to attack political threats. There's simply no incentive to crack down on it.
- jimkleiber 1y agoNo incentive? Besides a ton of fraud and regulation skirting? Not all crypto breaks laws but a lot does
- baggachipz 1y agoIt's clearly the current administration, seeing as how they profited immensely by offering their own personal shitcoins. I don't think public sentiment has changed much.