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- Embed this notice@CarlBLatro @alex Maybe Satoshi lost his keys. Maybe he's waiting to be a quadrillionaire.
The thing people miss is that governments won't straight-up ban crypto. They'll regulate it to death bit by bit. Oh, sure, you'll be allowed to own some. In a licensed exchange, which keeps your keys. And only interact with other fully KYC'd addresses. So long as you file all the proper tax forms and don't commit any wrongthink. Otherwise you're a Bad Man(TM) who's definitely doing Bad Things(TM). And over time people will use it less and less because it's a pain with no real benefits. Then one day it'll be finally banned as a footnote to a funding bill, and all 3 remaining users will be mildly annoyed. We already see the creep in the US and moreso in the EU.
And of course, the wealthy insiders will know all the moves ahead of time. They'll buy in before the rises and cash out before the falls.