With more regulations and more government involvement the end of the “Wild West” era in “crypto” might be in sight.
And yet, more government involvement might also mean the end of non-KYC exchanges that are desperately needed by those who have to operate “outside” of the law.
Don't worry, there's no way Dr. T and his techbro 'advisors' are going to do anything other than figure out ways to expand the possibilities of looting and grifting.
I’m starting to think he is like Ulysses S. Grant. There were people in Grant’s administration that just took advantage of his lack of experience. It’s harder to feel bad for Trump since he talks so much shit, but he’s also an old man that doesn’t know anything about tech. Now he has a bunch of tech bros around him filling him with information he can’t assess.
Grant’s presidency was one of the most scandal ridden presidencies ever, all because he was uninformed.
Trump is mixing a blend of Grant and Jackson’s presidency (known for mass cronyism).
With more regulations and more government involvement the end of the “Wild West” era in “crypto” might be in sight.
And yet, more government involvement might also mean the end of non-KYC exchanges that are desperately needed by those who have to operate “outside” of the law.
See also: https://news.ycombinator.com/item?id=42737976
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