This is a huge step for cryptocurrencies.
Within 12 months you will have an entire sector of fully regulated crypto securites...
Ranging from various ETFs to exchanges to perhaps 100 startups on various junior exchanges around the world.
Since you will be able to trade all this through your broker...
It will leave the Shadow Crypto Space to the cockroaches.
Decentralized players like Nxt will only be left to serve the darknets (big $$$).
Was interesting to go up the learning curve in the gutter... but now it's back to Wall Street.
Well, it did have to come to an end sometime. If you scale up to the mainstream, you meet the mainstream - and you also meet the demands of the mainstream.
Sad in a way that it has to end like this, but pretty much inevitable. The only way to preserve the frontier would have come with Bitcoin staying in the "Magic Internet Money" zone.
