Re: Plutus (PLU) – Access and Manage Your Crypto and Fiat From a Single App
As much as I understand and see the need for regulation in crypto etc, I find myself asking 'was that Satoshi's vision'? Or did he (she? they?) intend to make the ground shake within the global financial system? Was the intention to move the power back to the people? I'd like to think so but maybe it's just because that story sounds better than any alternative hahaa
Agreed, regulation is probably invevitable, wonder if it will be global or differ between nations.
Agreed, regulation is probably invevitable, wonder if it will be global or differ between nations.
Hey BettyPicks - great to have you here
Of course regulation is coming, but to what extent I'm not sure. Global financial authorities will be pushed to create regulations around cryptocurrencies for a number of reasons - primarily anti money laundering imo.
As for what Satoshi's vision truly was, I understand the point of view of 'liberating the people' and, as interesting as it sounds, I'm not sure if it's entirely realistic but definitely something to think about!
What is happening with Plutus btw? Is the card released yet?
We've made some incredibly exciting progress over the past few months, with the inception and rollout of Plutus 2.0. You can read more about Plutus 2.0 and our future vision here
Currently, we're in our pilot test card phase. A number of dedicated users have been selected to take part, they have access to aspects of Plutus 2.0 and have their hands on a test card. This pilot phase ensures that we've ironed out all major bugs and issues before releasing to the general public. We're super excited!
As for when yourself and other eager users can get their hands on a card - I'm happy to say it should be within weeks! However, there is some crucial third party decisions we're waiting on which could impact it.
Our community is growing too! You can come and join the conversation on Discord here as well as find the full list of our social media channels here