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RE: Sportlight on Cryptocoins - ZenCash / Zen

in #story7 years ago

There is a lot of popular support for the "normalization" of crypto's. They want tax reform, like the $600 purchase exemption. They want EFT's so they can use Ameritrade. They want big institutional money coming in a driving up prices. But you can't get that without scrutiny.

Some kind of regulation is necessary for this space to grow. Some things will be better but some will be worse. I look forward to that happening. Yet with that said, I am not sure I am in a big hurry for that to happen. Coins like Ether and Ripple will do just fine under regulation, but privacy coins could take a real beating. However, if given enough time to grow and develop it might not matter what governments want. They don't want drugs and look how that worked out for them.