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Regulating Cryptocurrencies... And Why It Matters

Regulating Cryptocurrencies... And Why It Matters

Authored by Charles Hugh Smith via OfTwoMinds blog,

Nations that attempt to limit cryptocurrencies' ability to solve these problems will find that protecting high costs and systemic friction will grind their economies into dust.

There's a great deal of confusion right now about the regulation of cryptocurrencies such as bitcoin. Many observers seem to confuse "regulation" and "banning bitcoin," as if regulation amounts to outlawing bitcoin.

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