What could be the main arguments in the newest developments ?
Governments are keen to regulate crypto platforms ā they see the potential and want a slice of the action! Economists are well aware of the potential of crypto and blockchain, and the impact it could have on the local economy. They see the huge potential for annual income and wealth creation in our branch of the financial markets. So why not take advantage of the knowledge and expertise of economists and scientists? I'm all for regulation - taxes on crypto trading profits can fund social, infrastructure, academic, and state-led sectors. It helps everyone, especially the less fortunate, if done right. On top of that, it gives our currency and assets a "government-approved, safe" reputation, leading to higher demand and greater profits for day traders and investors
It's so exciting to see institutions like banks and credit institutes embracing crypto! They've been waiting for centuries for a piece of the action. They're not about to let anyone take a slice of the action without earning their share. They might not be fans of decentralised exchanges, but that's because they're used to the old way of doing things. Blockchain and crypto are a breath of fresh air, putting an end to the era of marble floors, manager's parties, extreme exploitation of investors' profits. I'm thrilled! The potential for loss in crypto investing is a thrilling challenge, and it produces higher returns for everyone. But hold on! What about the new pie? The biggest chunks and the only fork go to early-day startups and other platforms, while the old guard try to push hard via ETFs and other products. But hey, that's not a problem! Let's just enjoy the ride, BRock, VEck, whoever. And while you're at it, why not give us first-day blockchain traders a shout-out? You know, by telling everyone that it's safe and brings in loads of old-school money. We love it when you make our currency and assets shine, because it means more demand and higher profits for us early birds
What is your opinion?
No financial advice.DYOR