Regulations Not Working?
Do you think it is true, that right now with the governments, banks “powers that be” in attempt to Gain control of BTC and other cryptos.
They are trying to put into regulations etc. Yet there are troubles to making the cryptos as “securities”
With all the lawsuits “they “ try to put onto the crypto companies. Has not worked in the “favour” of the powers that be?
Is this true?
Does this prove that the blockchain tech is a success?
That BTC could work as a money system for the people and help people to devalue FIAT currency?
HMM, OP these are so many concerns which are been already discussed in different views, but still, I think the potential limit is still unknown and we haven't tested the boundaries, there are many good things with Bitcoin and crypto but when it comes getting into it with same narrative is tough because its human nature that many agree and many disagree.
Regulations were ever the obstacle to the success of Bitcoin until or unless "they" decide to plan strict action on the community because everything is decentralized in the P2P so how a government can be an obstacle point is they realize that we cant control it this way but we can allow them to use under our control named as ETF. I don't know either what shit I'm typing its 4 AM and I'm making a post after working 6 hours consistently on code, and now after readings OP's post I though why not to put rough thoughts on it. Anyway, I'll look for an edit if required but tomorrow.
_Good Night ahhhhhh