Tweet by Jake Chervinsky
- Tweet
- Oct 12, 2020
- #Regulation #Cryptocurrency
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1/ There's been so much regulatory & enforcement news in crypto lately, it's impossible to keep up.
So instead of getting lost in the details, let's step back & consider the big picture. What's really going on here?
In short: an ideological war over self-custody & privacy. 👇
So instead of getting lost in the details, let's step back & consider the big picture. What's really going on here?
In short: an ideological war over self-custody & privacy. 👇
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Vijay Boyapati @real_vijay
·
Oct 13, 2020
Great thread, Jake. One serious concern I have is if policymakers in the US decide that FBAR applies to #Bitcoin. Or the 10k reporting requirement while traveling applies. Bitcoin is hugely valuable despite these risk but it emphasizes the importance of improvements to privacy.