If you are blessed enough to be able to pay rent and enjoy time with your family in peace and harmony you have an obligation to pay that back by helping those less fortunate.
Remember: there is no resistance at these levels and the sell side orderbooks are shit. If the price stalls out that's the motion of whales in the ocean painting charts.
Everyone who watched CNBC today and has no brain is seeing this as an entry.
The FATF travel rule is stupid because I can create a valid address by hand and it never has to exist in a digital form until the moment the TX is sent.
Vast portions of BTC would become sequestered like PayPal’s implementation.
Even more would live “outside”.
People who currently tolerate the intrusiveness of some compliance regimes would absolutely walk away if asked to become a narc.
That’s the last straw, I’d think.
No wonder Armstrong is up in arms.
It would kill Coinbase.
The thing about the FATF is that the US is about as beholden to it as you are likely to see UN peacekeepers on US streets to quell civil unrest.
Compliance is almost optional if the govt won’t enforce it...which they aren’t thus far.