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S&L, FDIC, 10k, subprime lending, etc.

I don't see why all countries would outlaw "crypto".

I hate that term for it's semantic shift, but that kind of rebellious tribalism fueled this drum beat.

Each class of cryptocurrency technologies, institutions and securities has an analog in the list above. And each will lead to new protections. Maybe Big Brokerage will invest at most X% in cryptocurrencies but not ones repackaged into NFTs.

Etc.

This isn't a bull market, or a bear. To borrow a perhaps racist or outdated term, it's a Buffalo market, and regulators are at the buffet.




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