Governments may not be able to regulate crypto currencies in their decentralized form, but they can certainly regulate the ecosystem around it firmly. As time passes, regulations should become more concrete with every serious innovation in the sphere, peeling back the layers of uncertainty.

While there is a large variance in how locales has approached the issue of regulation, the hallmarks of traditional finance (KYC/AML) have started to emerge in all locales where the legitimate regulation of crypto is taking place. Do you agree with a ""one size fits all"" method of regulation, constructed with a nod for universality, or should locales adopt tailored, case specific regulation?

One of the most appealing aspects of block chain technology is the degree of privacy that it can provide. However, this leads to some confusion about how privacy and transparency can effectively coexist. On a block chain, the identity of a user is concealed behind serious cryptography, meaning that linking public addresses to individual users can sometime be difficult to achieve. This raises questions about how block chains can be regarded as truly transparent.

The transparency of a block chains stems from the fact that the balances and transactions of each address are open to viewing. Using an explorer, and equipped with a user’s public address, it is possible to view their transactions that they have carried out. This level of transparency has not existed within financial systems before, especially in regards to large businesses, and adds a degree of accountability that has not existed to date. In the past, large financial institutions were able to use their customers funds as they saw fit, without anyone's knowledge.

Do you think block chain technology can effectively address this transparency issue, given its pseudo-anonymous nature?

Blockchain technology has been heralded as the first truly transparent way to conduct transactions. But how transparent are blockchains when the data the ledger represents is hard to extract, let alone interpret or utilize? Despite the public availability of the transactions, without context the “data” never truly rises to the level of “information”.  While tools have been developed that allow to see the chain transactions, there has yet to be a solid solution that facilitates the extraction, analysis and interpretation of this data, with contextualization that allows for understanding. What are some use cases for a technology that addresses this issue?

KYC should be old hat for anyone that lives in the majority of countries. If you live in the US or UK for instance, there are no legitimate finance institutions that don't require full KYC to use (this is all traditional banking products). Crypto users shouldn't be surprised one bit about KYC requirements on exchanges, ICOs or service providers. It's money! What do you expect? 

The volatility doesn't really affect ones ability to pay. Moreso, the budgeting behind the funds used to pay. We have had some serious scaling issues, and aren't quite out of the woods yet. But the volatility doesnt really affect the protocol much. It was made to operate through a range of coin prices, and does so pretty well.

To be honest, we are already well into a cashless society. The majority of retail transactions are card/digital transactions in the most advanced markets. So the adoption of a blockchain based economy isn't really a stretch, as much as overcoming resistance and actually adopting a viable technological solution that works with the infrastructure in place (POS, and existing web shopping carts).

Let them jest! The last laugh will be to the bank 

As with any cutting edge technology, there will always be a firm core of naysayers. Bitcoin is the ultimate disruption of traditional finance. They won't let all of that go without a respectable effort.

Only time will tell how Bitcoin performs, and all the indicators point to a bullish future!

Bitcoin and gold are literally the inverse of each other, and consequently serve very different purposes. Gold is physical, very trusted, extremely adopted and old as the earth itself. Highly liquidable. Bitcoin isn't physical one bit, trusted but not nearly as much as gold. Fairly new and not so adopted as well. Gold serves your physical asset portfolios, Bitcoin and other cryptos are more akin to stock.

Never fear! Recent comments by regulatory bodies, as well as generally bearish markets, are the cause of this dip. Allow time for the markets to recover, and HODL! Investor uncertainty is what contributes to the extreme volatility in times like this.


Historically, we are still in "winter" until a little bit later this year.