Thank you very much.
Not a good sign.
Not at all. I am very pissed atm. But I knew that had to happen. I just thought crypto was still minor enough to not warrant that kind of new rules. I guess adoption is already reaching levels where they think they need to use the "tools" at their disposal.
Governments would never let everyone go and switch to a different kind of asset they can't control in some way. Making kind of "ilegal" to have "hidden assets" (unreported to them) they secure they can control the flow (and taxable events) of those.
Also, this is what happens when a radical left wing alliance takes over the government as it has happened in Spain: The horror.
Fucking communists.
That is why we need the infrastructure in place to bypass them completely.
Working with institutions is only going to lead to more of the same.