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RE: The blockchain network effect of familiarity and a prediction of future value
THey are going to have to sort their shit out I believe, otherwise soon they are going to start losing people to other countries who are highly valuable.
Nearly all western countries have this type of stupid regulations in place.
But even the fucked up tax system notwithstanding, trading is a losing game for nearly everyone involved. Doing the hard work of researching carefully what one is getting into beforehand and then holding is the right strategy.
The beforehand is a challenge because most of the crypto world is marketing fluff and will never amount to anything.