#DeFi Q&A #10
Q. How likely is it that these yield farming strategies will be banned when regulation comes?
A. My thoughts on this below π
[1/x]
Q. How likely is it that these yield farming strategies will be banned when regulation comes?
A. My thoughts on this below π
[1/x]
2/
β’ #crypto - and #DeFi in particular - is bound to see more regulation. There is too much uncertainty around regulation currently, causing problems for investors and regulators.
β’ Regulation varies by jurisdiction - so it's hard to say exactly what will be allowed / not.
β’ #crypto - and #DeFi in particular - is bound to see more regulation. There is too much uncertainty around regulation currently, causing problems for investors and regulators.
β’ Regulation varies by jurisdiction - so it's hard to say exactly what will be allowed / not.
3/
β’ Regulation is also slow to catch up. Things move very fast in #DeFi. New projects and models are coming up all the time, which are hard to classify by TradFi frameworks.
β’ Regulation is also slow to catch up. Things move very fast in #DeFi. New projects and models are coming up all the time, which are hard to classify by TradFi frameworks.
4/
β’ I believe regulation is overall a very good thing for #crypto. Regulation allows big money (institutional investors) to enter the space.
It's very difficult for pension funds, endowments, etc to get into #crypto or #DeFi currently due to the regulatory uncertainty.
β’ I believe regulation is overall a very good thing for #crypto. Regulation allows big money (institutional investors) to enter the space.
It's very difficult for pension funds, endowments, etc to get into #crypto or #DeFi currently due to the regulatory uncertainty.
5/
β’ Regulation also unlocks new avenues for average people to enter #crypto. (For example: ETFs)
β’ On the flip side, regulation will make it more tedious & restrictive to access projects and protocols - some projects will be hit harder than others on this front.
β’ Regulation also unlocks new avenues for average people to enter #crypto. (For example: ETFs)
β’ On the flip side, regulation will make it more tedious & restrictive to access projects and protocols - some projects will be hit harder than others on this front.
6/
β’ That being said, I don't think there will be any blanket bans on #DeFi in the US.
TL;DR - regulation is good for #crypto, although it might be annoying for seasoned #DeFi farmers who have gotten accustomed to the wild west experience.
β’ That being said, I don't think there will be any blanket bans on #DeFi in the US.
TL;DR - regulation is good for #crypto, although it might be annoying for seasoned #DeFi farmers who have gotten accustomed to the wild west experience.
β’ β’ β’
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