i just think the chinese are prone to panic and therefore we might have another chinese panic happen.
I think many a Chinese trader has migrated to their stock market bubble. And no shortage of people still on their exchanges are white devils anyway. We shall see.
I don't think chinese could give a frying duck about bitricense
who care about the price on a fucking chinese exchange. we are talking about a silicon valley successor which is now opend for institutional investors (with all the vc money floating round atm). maybe we go down to 160, who cares. we have now a new field in the monopoly game, i'm gonna try to get my piece for sure.
So, you think these 'smart people' are now in a state of shock, awe, and surprise now we have BL ?? I mean, it mean it came right out of left-field yeh
I know I now sound like a troll, but I am just trying to get the point across that this was nothing more and nothing less than was expected. If anything people were lobbying heavily for something BETTER
Hmmmm, plenty expected BTC to be $10 by now, and for no governments to entertain anything to do with BTC... that was only a few short years ago... and it does provide actual clarity, not hypothetical guess work, but actual hard data to work from,in relation to BTC and crypto related businesses in NY city, home of Wall Street..... London will play catch up now (and try to stack the cards to their benefit, no doubt
)
Love them, or hate them, the regs from NYDFS are here, and it is not exactly a non event in the Bitcoin space...
It opens the way to what comes next....
......and there is plenty more to come.
Baby steps.