Bobby Lee BTC Maximalist Bitcoin’s Value Is in the Eye of the Beholder

None of the big countries. Or none of the big, popular, famous countries are doing it right, yet. I think it’s a very tough terrain to navigate, if you will. Some of the small countries who are more risk-prone, they are doing it right. They are doing it by a laissez-faire approach. They are welcoming companies to set up a jurisdiction in their country, and to set up entities and licensing it all. Some are doing it more aggressively than others. That’s just how things are. Because different countries will choose different paths, whether they will take a strong adoption approach or whether they will take a more reserved wait-and-see approach. I think China is of the wait-and-see approach.

It’s possible. I’ve said it before and sometimes people would take it the wrong way. I think China has room to change their policies. It could happen within a few months, it could take a few years, it could take decades. China is a mystery when it comes to regulation and policies because of the former government being that kind of government. It’s not very transparent in terms of what they want to do with crypto.