Quote from: alizay on August 29, 2018, 07:09:37 AM

I recently saw a video of Jordan Belfort (the wolf of wallstreet) talking about BTC he was pretty much totally against it saying he thinks the govn't will never allow an anonymous (even though btc isn't anon) global currency that makes it easy to launder money. He thinks the govn'ts will step in and squash btc.

Just curious what does the community think is this just FUD or is what he saying some legit concerns?

It's quite obvious western governments (and others too) will never allow an anonymous currency. That being said, Bitcoin is not anonymous, which makes me wonder if J. Belfort really has knowledge about Bitcoin, my guess is he does not.
A more interesting question I have though: why Bitcoin was allowed to exist from the very beginning, I mean why exchanging Bitcoin to fiat currencies was allowed in most parts of the world until recently (crypto ban in more and more places). This is strange and frankly counterintuitive.
I mean governments nowadays, especially knowing that we are still in a recession, do everything they can to chase taxes here and there, but they allowed taxless Bitcoin transactions for so many years.
Does not mean Bitcoin has no future, but it will be massively regulated soon or later.