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<blockquote data-quote="wilberforce15" data-source="post: 4754042" data-attributes="member: 5053"><p>The news articles did not summarize it correctly. And the head of the SEC will be a MIT professor who taught blockchain. </p><p></p><p>And more regulation and more taxes are great for bitcoin. That's because more regulation signals more stability or safety, and allows the whales and large institutions to enter. </p><p></p><p>Bitcoin used to be a retail phenomenon, along with all crypto. Now, the real money is coming. Regulation is what allows the big money to come in.</p></blockquote><p></p>
[QUOTE="wilberforce15, post: 4754042, member: 5053"] The news articles did not summarize it correctly. And the head of the SEC will be a MIT professor who taught blockchain. And more regulation and more taxes are great for bitcoin. That's because more regulation signals more stability or safety, and allows the whales and large institutions to enter. Bitcoin used to be a retail phenomenon, along with all crypto. Now, the real money is coming. Regulation is what allows the big money to come in. [/QUOTE]
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