Starting to wonder if the new FinCEN rules and the ETF timing may be more closely linked than initially expected.

1. Pull up the drawbridges and make transactions using the base assets difficult for everyday folks.

2. Usher folks into the new safe approved ETF version.

3. Play the old state-captured gold games with Bitcoin. Price is whatever they want it to be.

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Discussion

what is the likelihood that all other nation states agree to be subject to FinCENs rules?