We should cheer for keeping #bitcoin on custodians like Coinbase and for KYC the same way we cheer for ETFs.
#bitcoin
Discussion
Explain this, if gold or corn are commodities, and I can go to an elevator or currency exchange (or cosco for that matter) and buy gold or corn without KYC. Why are we treating #BTC any differently?
#bitcoin is not a currency or a security yet it treated like those and not like a commodity.
The government is definitely scared.
They are afraid of a parallel economy outside of their purview. Which according to BTCMaps is growing at 180% a year