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RE: IMF proposes creation of digital currencies to curb growth of cripto-coins
Its inevitable that crypto as it exists now, will be co-opted or obsoleted by the 'establishment', the only question remains what flavour it will be.
Yes, the establishment is very powerful, and when they start to feel really threatened, they will act against the cryptocurrencies
Over regulation, taxation, and surveillance. Governments ruin whatever they touch. Just look at NY State. In order for us to use an exchange it has to have a bit license. Technically - we can't even use Steemit! (I think).