I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.
Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.
KYC and AML, IMO, are regulations that don't intend to 'restrict' people from trading, no matter how small their capitals are. It is rather a way to legitimize any trades done to prevent money laundering and nefarious activities. Regulations will clearly come along the way and it's also one of the many reasons why people will gain confidence in investing crypto. Your statements may or may not come true, but in the mean time the regulations are set towards legitimization of transactions done between cryptocurrencies and fiat.
In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.
What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?
Why would the big fishes disallow their meals on entering their territory? If anything, they'd be inviting us over the markets and then get our money while we think we're outsmarting them. Cutting the small fishes off on entering the sea will not make them any richer but would make things harder for them since they'd only fight with other big fishes in the sea. They need the bait fishes to take profit from, so they'll try and try to get us swimming inside their trap.