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RE: Governments concerned about money laundering are banning ICOs

Governments and large financial institutions feel incredibly threatened by the rise of cryptos. Just as cash transactions were largely being killed-off, and our money was becoming entirely visible to authorities at all times, Bitcoin underwent a monumental rise.

As always, this is simply a question of control. The US only functions if the dollar remains positioned as the world's reserve currency, which the Federal Reserve can manipulate to their advantage.

Expect an awful lot of pushback against cryptos over the coming years. We have only witnessed the beginning of a huge campaign to thwart their progress.