Hacker Noon September 23, 2019
“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.”
This quote was tweeted by President Trump, reflecting some of the most common concerns about crypto. If you’re in the blockchain space, you probably see cryptocurrency as one of many use-cases, and the technology as having the revolutionary potential to dis-intermediate centralized services.
The crypto market neared $1 trillion USD at its peak, and was around $800 billion in late 2017. With such a tremendous market, why do lay-people still think of it as potentially unlawful and illegal? The...
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