Conspiracy Theory:
SEC approves all of the ETFs and passes rule that makes bitcoin transactions illegal. They cannot stop them but you run the risk of legal consequences if you buy, sell, or transact in bitcoin. You can only buy the ETF.
Discussion
Doesn't seem very theory or conspiracy, probably realish
That would hold the government and the SEC liable of indirectly/directly promoting a financial instrument. Any ambulance chaser lawyer would take this
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Been thinking about this
I agree
That’s absolutely the plan
Good luck getting 50 states to comply
Sounds pretty likely & the equivalent in many other countries/states.
Limited time to prepare your dark wallets.