What will you do when crypto gets regulated?

Assuming governments regulate crypto up the wazoo (KYC wallets and exchanges only, CBDCs as the new fiat, and so on), what si your plan?

I see CBDCs, crypto regulation and centralization as inevitable, although I’m not too sure what governments will do with other cryptocurrencies once CBDCs are mainstream. They might try to ban all non-CBDCs as payment methods but treat them as assets/commodities, or they might just leave them alone except all wallets are now linked to your identity.

Regardless, what are your plans when full blown regulation happens?

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13 thoughts on “What will you do when crypto gets regulated?”

  1. Just go on local monero and buy it with cash then you can trade it for whatever other coin you want. you don’t have to upload any money from anywhere. no way to regulate

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  2. Regulations don’t need to be automatically a bad thing. I personally think they are a good thing to happen, if done right.

    It will give crypto a new legal state and much more width

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  3. Crypto already is regulated to the point it effects most of us if you’re taxed.

    Any further regulations will be in attempt to protect you

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  4. >Assuming governments regulate crypto up the wazoo (KYC wallets and exchanges only, CBDCs as the new fiat, and so on), what si your plan?

    change nothing. why would I really care about KYC etc if I don’t plan to cheat on my taxes?

    Also, there’s a lot of nuance to what “regulation” could mean

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