Bitcoin headed to $100,000.00?, page-19

Those who want to see bad news, see bad news but seriously in the last few months: CME started offering btc derivatives, Coinbase is starting target whales and now the SEC wants regulated exchanges - this should all signal strength in the crypto asset class. IMO Alot of money is on the sidelines because unlike fearless (not always a good thing) retail investors, big money may be hesitant to invest in areas of regulatory uncertainty. Sam Lee of BGL, DCC and GTG applauds australia (check out below article) and other countries for regulation of crypto because it is a form of acceptence with clear rules that investors and industry can follow without fear of legal backlash. Uber is a perfect example of how quickly the environment can change from shady back alley use to mass adoption after governments shift from a "it's an unregulated fad, don't take it seriously" to "its regulated, taxed and now encouraged". How is regulation a bad thing? We are trading crypto, not selling goverment secrets to korea or dealing narcotics here, i dont think we have anything to fear.


https://www.theaustralian.com.au/bu...9e5acfae9180a884571c9b361c1&memtype=anonymous