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?
Jordon belfort maybe smart as hell, and he may also be right in the part where governments would never allow BTC to be a legal tender, but squashing BTC isn't gonna be easy. Even US$ is used for laundering currency. So you can't blame just bitcoin for being used for money laundering. There may be legit concerns but they aren't addressed well.