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RE: SEC Says DAO Regulated As A Security - Who Could Have Predicted This? Not Me!

in #cryptocurrency7 years ago

It’s not shocking. When anything becomes profitable enough and too far gone out of reaching government control. They will look for ways to rein it in, and more importantly tax it. I was suspecting this was there long term goals all along. Not empower cryptocurrency but not get too much in its way either. I can only imagine a few agencies enjoy using cryptocurrency with how convince it is to pay off and buy certain things so they are not on the books.