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Sometimes deregulation is a great recipe for short-term growth, but catastrophic crashes. You can surf chaos for profit for only so long.



I agree and actually think that countries that will regulate first the use of these tools will have and advantage. Switzerland is setting up many cryptofriendly places (Zug, Lugano) where Btc and Tether are used for small payments and cashback points, and Hong Kong is also planning next moves in this direction. Ethiopia is planning to use blockchain for education records and might expand its use in other directions. All these applications require identification and are a step towards regulation




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