It may sound weird, but all what is happening to crypto now is the nessessary evil which is much needed for crypto to achieve mass adoption.
The crypto industry screamed for regulations and being implemented in laws.
Institutions which wanted to invest in crypto could not do so because of the lack of a clear rule. Them investing in the MicroStrategy stock to get exposure doesn't really count. These institutional money would greatly increase crypto's overall market cap.
Of course some could say that it were different and better ways to do regulations and yes, I admit, that there definitely are better way.
The US just need to look at the EU; the EU didn't do very great, but still far better than the US approach...to regulate by enforcement, not giving clear rules!
Anyways, this is at least a tiny start to mass adoption. Let's hope the US courts are in crypto's favor.
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