Wanted to give my thoughts on what happens from here on out.
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Crypto has essentially been legalized now in America, the largest capital market in the world. On the regulation front we’ll either get new, thoughtful rules created for the industry or we’ll see a hands off approach with no new rules but no longer the extreme regulation by enforcement regime we’ve been under. The former would be better for attracting institutional flows, the latter would be better for rug pullers. Prices probably go up in either.
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BTC @ $100K feels like a matter of when
