Don’t know, I’m little skeptical about it. Many of fellow peeps here saying it’s positive thing to regulate the crypto but I don’t know I’m really against it. This is straight away failing the principle of Mr. Satoshi and his vision of freedom.
We have to come to terms with the fact that the old spirit that lived the first few years of Bitcoin's existence is increasingly fading and disappearing because people like Saylor have a completely different philosophy on how to use Bitcoin. Imagine a situation where the world's 100 largest companies buy 100 000 BTC and we have 10 million BTC locked as a store of value - for some it would probably be a dream come true because the price would surely skyrocket, but for small people who have not yet discovered Bitcoin, it meant they would pay a high price to get into that game.
If we want the crypto regulated then it would be just another payment system or stock or share market. It won’t benefit us. We can’t risk it with regulations. This will literally push the crypto currencies in the black hole and sucking all the good characteristics of bitcoin.
It is inevitable that if we want an adaptation that must happen in regulation, and the second option is to move underground and show the governments of the world the middle finger. However, there is a third option to consider, and in this scenario, Bitcoin may play the role of a Trojan horse that will cause significant changes within the existing financial system - but in order to do so, it must be positioned there. This would mean that some battles are fought and must be lost in order to win the war in the end.
