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Comment by Hokusai

> Our obligation to enforce crimes against the nation’s financial systems includes both informing the public on how digital assets work and partnering with them to identify, arrest, and prosecute those engaging in crimes involving digital assets. The Secret Service will continue to expand its capabilities, collaboration, and effectiveness related to all financial crimes investigations.

TLDR; it's the end of crypto currency as a refuge for criminals.

So, people will have to pay taxes, register exchange of value between parties, wallets will be trazable to individuals, etc.

Crypto currencies are the new home bubble derivatives. A complex economic vehicle to hide the absurdity of its valuation. A pyramid scheme, a hot potato game. It is bad that we have learned so little from previous crisis.

parent Hokusai 4 years ago

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