RE: Cuba to recognise and regulate cryptocurrency 12-19-2023, 09:58 PM
#12
(12-19-2023, 09:21 PM)codeniko Wrote: This made me think... So what is to happen if US decides to completely abolish use of crypto because they can't regulate it efficiently? Coinbase disperses for US based Users, and they make a law so US Banks cannot transfer any funds to any Crypto related exchange services that happens to be hosted outside the US. If other countries follow along, how will it actually stay unregulated and useful?US will be fu**ed, you cant abolish crypto just by banning fiat -> crypto -> fiat conversions, it will only be harder to convert, but not impossible
but with the current hype in US about BTC etf's i doubt such scenario


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