Interesting principal-agent problem highlighted by the Bitcoin hard fork. If exchanges won't trade the new coin, it can't survive.
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Yes of course it is. I know that. Still doesn't change the fact that the exchanges will decide whether it lives or dies.
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Most US exchanges are carefull these days with adding coins due to regulations, outside the US its already on the books.
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I agree the SEC's decision makes it much harder for US exchanges to list new coins.
End of conversation
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