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RE: The Main Obstacles To Blockchain Mainstream Adoption Are Both Technical And Philosophical

in OCD5 years ago (edited)

I think governments are going to love crypto, and using some basic regulations like KYC, etc., I think they also lower the threat.

Edit: talking about crypto in general, not about HIVE, which has done pretty well ... just got to improve the onboarding ...

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With the exception of certain privacy coins crypto is much more traceable than cash. What governments only have to worry about is the anonymous on-ramps and off-ramps. But there's also the loss of monetary sovereignty that most governments could be expected to balk at.