With a lot of FUD happening right now, I want to talk about how the EU Banking Authority saying "Don't Regulate Crypto, Regulate the Banks" has absolutely no weight on stopping the blockchain movement. What I find ironic is that people are getting into crypto to get away from the banks in the first place. So if you stop the onramp to crypto, there's bound to another one a few blocks down the street. There will always be onramps. You can't stop the highway. You can only stop the onramps and people will find innovate ways to get on there. It may slow it down, but eventually the high way will be full again.
What do you think about this move by the EU Banking Authority? I think they're still scared. Let me know in the comments below.
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Exactly crypto will never get regulated it will just remain decentralised forever
Well I'm not so sure about that, but I respect your opinion :)
It can be decentralized and still be regulated.
Why shouldnt crypto be regulated?
EU Bank Chair says it's too complicated. So they're requested they just ban banks from transacting or supporting crypto transactions.
For sure you are very aware about crypto, but maybe, just maybe you could listen Max Igan thoughts about it.
That is a very important point that is lost on some people.
Good post.
Good points. Before The Man comes in and ruins everything, my buddy and I went on a spending spree and bought a lot of great stuff with all our virtual currency! Check out all the bling in this video: https://d.tube/v/nerdstalking/abr9wlet