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RE: Why I'm 100% out of Bitcoin for now and into Ethereum

in #bitcoin7 years ago

Well. It was clear from the very beginning that it can not be 'extra-legal'. It forms organizations, it is formed by organizations, value transacts from here to there, tokens DO have existing definitions in the existing regulations under existing authorities - if it is not SEC it is CFTC , FinCEN in most cases and if not this trinity - FTC / consumer protection in the utility tokens sphere /. Yes, the world is not USA, but most of it is USA, and the aka West is quite in sync on this matters...