Honestly, 1. will BSV be able to withstand FinCEN and the …
Honestly,
1. will BSV be able to withstand FinCEN and the new US regulations about come along? Why?
2. Is there any possible chance for BTC to stay within regulations and survive this government house cleaning? How?
Replies
Yes, everything about BSV is built with regulation in mind. They are building the highway for the future.
and maybe, but not for long. BTC will suffer greatly even with changes in practices to be within regulative guidelines.
Well it should comply with record keeping requirements.... immutable and all that jazz.
From what I have read #BSV was designed to meet regs that's one of the primary benefits and rationals for Craig S. Wright's invention (aka. Satoshi Nakamoto). #BSV is private NOT Secret.
Segregated Witness or SegWit doomed #BTC to regulatory failure.
Miners are fine. Lightning operators are screwed.
So, mining rigs vs money transmitters...not all BTC uses lightning...making segwit the issue?