BITCOIN SETS UP FOR BIGGEST GAINS as regulators target DeFi! NFTs will 100X!

BITCOIN SETS UP FOR BIGGEST GAINS as regulators target DeFi! NFTs will 100X!




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About the Author: EllioTrades Crypto

44 Comments

  1. crypto is moving too fast for regulators…..how can you ask celsuis cease and desist claiming lending unregulated security when you dont framework that defines what coins are securities?

  2. You've got a big community and a good soul, Ellio. I hope you're thinking of ways to make the world a better place. It's not enough to sit by and let useless politicians decide our fate ❤️

  3. @EllioT: I fully believe that the upcoming BTC ETF will just increase the price ONLY short terms as it will destroy the scarcity as there will be ETF on the future contracts => so these derivatives will be unlimited. It will just like be the destruction of real value of gold/silver market as the underlying is not the BTC spot => its the BTC future contract (just increasing cash related derivatives but not the physical BTC (spot). But I hope I will be wrong. Generally, there is more paper "value" in ETFs than in the corresponding underlying BTC). Limitless derivates but limited physical BTC…

  4. I'd argue that most of today's NFTs would not be classified as securities because they do not meet the “common enterprise” requirement. Not sure the same could be said about f-NFTs. However, I'm sure the SEC is taking a long hard look at both.

  5. Why do you feel so confident an ETF is coming soon? Gensler said if one were to come it would be a futures backed ETF. Which would be bullish in a way but is not the same as a btc backed ETF

  6. The government is incentivized to want to allow crypto to remain as is so that they can collect taxes. How can they collect taxes if everything goes decentralized? They're only putting themselves in a box. The lending feature of crypto is a "taxable event". If there is no realized monetary gain, there can be no tax collection. It's a win – win for both parties. If they allow it (which they should), they'll be able to collect taxes from centralized entities that propagate KYC. If they don't, then everything goes decentralized and they collect nothing. I know that they're smarter than this. They'd be wise to take a step back and consider different perspectives.

    And we all know Gensler is in someone's pocket.

    And the Government cannot stop innovation. Blockchain and crypto is just a tiny facet of what's coming. No one will be able to stop it.

  7. This is a misleading title – if Bitcoin is gearing up for a move and DeFi is going to be open beer regulation that will have a short term negative effect … they don’t want DeFi otherwise banks disappear

  8. The exposed gas lines along your roof line have a tendency to be struck with lightning with bad results. Just saying, seen it happen here in Florida multiple times.

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