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RE: My Friend & I

in #cats5 years ago

I am leaning towards the idea we are in uncharted water now. With the continued push on regulations in the US, not just on crypto, but fiat as well, the uncertainty coupled with actual negative actions against both makes knowing what is what impossible to know.

I would guess it is more of a gamble now than it has been, and within 1 to 2 years many of the shit projects (and some of the not so shit projects) will find themselves non tradeable in the US, as well as their partner countries. To further complicate, I foresee them clamping down on all transactions that do not go through their approved means of documenting/fleecing. They have been doing that with everything else (including currency). I figure once they have those who are not looking to escape paying Caesar his coin, they will focus the rest of their intent on those trying to remain in the shadows.