A lot of people approached me in the past weeks on a new regulation in Switzerland, which limits no-KYC Bitcoin transactions from 1.000 CHF per day down to 1.000 CHF per month.

Turns out that the regulation is likely illegal:

https://www.therage.co/leaked-email-finma-abused-authority-to-implement-new-kyc-rule-based-on-tabloid-news-2/

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Everytime I hear the word illegal, I remind myself that it's just another regulation, the law, it's not the moral rule that it was intended to be used for, to have a civil and healthy society. Yes, there are some healthy moral laws in there, but the ones that are not, get mixed in there as a social tariff on the people.

Monero solved that. 👍

Crypto is the next bubble to burst. It will be worse than the mortgage backed securities financial meltdown