bitcoinea

We want crypto to to be big, we want big banks, big institutions, even countries, to adopt it.

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We want that because we’re tired of government interference and because we don’t like banks.

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And we want that because we believe this is our once-in-a-lifetime opportunity to build wealth.

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At the same time, we want no regulation at all. But that won’t work.

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We can either have our cake, or we can eat it.

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If we want crypto to grow larger, if we want Bitcoin to reach $1 million, we need to bring in institutionalized investors, and that means regulation.

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Big banks and large investors won’t touch crypto until it’s regulated, it’s inevitable.

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And don’t get me wrong, I don’t trust my government. I don’t trust it to do the right thing, I don’t trust it with my money, and I don’t think it cares about me.

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But what’s the alternative?

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Like Churchill (reportedly) said, “democracy is the worst form of government, except for all the other ones we have tried”.

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And we shouldn’t worry anyway.

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We shouldn’t worry because crypto is a game that plays by its own rules, and it’ll eventually bend regulators around it.

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Crypto is technology, and technology tends to run at its own pace.

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The way money works, without crypto, we have nearly zero control.

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With crypto, we do retain some control, regardless of what this or that institution or politician says or does.

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We’ll be fine, we’re just getting started.