“But he has had private meetings with cryptocurrency investors and hedge funds where he has discussed working on so-called initial coin offerings through his investment business,”
This and other stories like it...and presto. Crypto is no different than a euro or dollar or whatever. The whole point of crypto was that it was outside of government and could not be inflated.
All the governmental and banking establishment hogs will pile in and destroy it. It will still exist, but only as a portal to enter the normal banking rule and governmental sphere.
>> All the governmental and banking establishment hogs will pile
>> in and destroy it. It will still exist, but only as a portal
>> to enter the normal banking rule and governmental sphere.
This is true of some crypto, and certainly some platforms intend and have positioned themselves as fully-compliant partners of governments and banking institutions.
Other crypto communities have developed algorithms and networks that make them inherently resistant to such takeover attempts.