Post
Topic
Board Economics
Re: The Largest Crypto Exchanger in Thailand has been acquired by Commercial Bank
by
MNbag
on 03/11/2021, 15:00:32 UTC
Expect Bitcoin, and by extension crypto, to become more corporate in the following years as the entryways to the crypto world become manned by the financial world.

Expect a neutralization of the privacy benefits of cryptocurrency, increased regulation and the shutting down of decentralized currencies as they prepare to push crypto into fully-fledged security similar to stocks, bonds and futures.

This will have the same effect as government regulation

Satoshi specifically started up Bitcoin to avoid the very same financial system that caused the 2008 recession via providing a brand new way to do business in. This development goes against that.

That is my opinion.