I think the regulation is going to start in a much harder way as well, which is bad for the whole industry. Like I said they cant stop people from transacting in crypto, but they can make it a pain in the ass to use.
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Yes last bubble gave us the nyc bitliscence I wonder what his will bring! It looks like more kyc more strict in icos but I bet something else bad will also happen. Now crest cats companies are reducing liquidity to bitcoin
The liquidity trade works both ways!