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(4) Regulation is the primary obstacle to #innovation.
(5) The industry needs to mature, and engage in coopetition to gain legitimacy.
#blockchain #crypto #bitcoin
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@bitso's @vogelbit confirms some of my years-long hypotheses:
(1) Crypto-networks will replace traditional correspondent banking-based treasuries.
(2) You can't be commercially successful without
compliance.
(3) Today's regs are incompatible with #crypto...https://twitter.com/twobitidiot/status/1222937364600958978 …
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