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RE: 👨⚖️ As Regulations Hit Could This Mean Less Options ?
Could we be seeing more of this come into play from other governments as cryptocurrencies get regulated and adopted for mass use?
I believe so too, infact it will double the amount of potential investors that will be interested in crypto, because few people are still very skeptical about what the government will do to crypto . If its a regulation we can adapt to, then fine.
Solid agreement. More regulation from governing bodies further legitimizes the use and potential of cryptocurrencies. If current anonymous cryptos can't adjust to regulation, then they will fall to the wayside, and the "fittest" coin will survive and thrive. But who's to say that they can't? Hard/soft forks can solve a lot of problems, we've seen it done already multiple times over. As for double the investors, I think we could easily see that in the next year or two. There is a ton of room for growth across the board. A recent story from CNBC states that: "Just 8 percent of Americans are invested in cryptocurrencies." 92% to go! We're not even talking about the rest of the world here! Further regulate, further legitimize, evolve better cryptocurrencies.
Check out that story for yourself if you'd like: https://www.cnbc.com/2018/03/16/why-just-8-percent-of-americans-are-invested-in-cryptocurrencies-.html
This proves my point exactly, and the results of the regulations will also strengthen the cryptos that will survive more than the normal, i think the world of cryptocurrency is just about to boom. Thanks for the link i will check it now
It should build confidence and allow for investors to start investing into crypto which is why I see predictions for bitcoin being so high once adoption does take place only a matter of time.