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RE: Is the golden era for crypto trading over?

in #crypto-news7 years ago

It's a natural response of those that thrive on centralization to fight the decentralization of money and assets. I won't even be surprised to hear about cryptocurrencies and how they are damaging society next year when election season starts ramping up. The question is whether the crypto community will be organized enough to fund education campaigns when this happens. The average person will believe whatever they hear on TV or radio, so if all they hear is how bitcoins are used to buy drugs and weapons, then they will support measures that crack down on the crypto world. It's about to get interesting!

I personally see this as the one huge remaining question mark over the market cap of cryptos. One big move by the feds here in the US could force many people to make moves they wouldn't have otherwise.

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Great points!

They don't seem to mind decentralization. What they seem to be doing is putting up barriers to entry and letting the whole thing remain decentralized. Basically if you're not an accredited investor or a chosen person you cannot have the opportunity to trade crypto if certain people change the community in certain ways.

The biggest issue is that this tech reduced the barriers to entry. Anyone could trade crypto from anywhere. We are about to lose that.

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