Leister

You don't need to.

It's simple.

Cryptocurrency should have no other regulation until unless there's a connection to Fiat.

Once there's a connection to Fiat, the regular regulations we already have for Fiat should then kick in.

I think it's that simple.

A stable coin is only as stable as the ability to sell it for that value.

It doesn't matter if a graph says that it's a dollar.

If I try to sell the damn thing and only get 50 cents, it's not a stable coin, right?

They're reading too much into data floating around the web.

It doesn't mean shit.

Bitcoin.

I get it.

Sailor, millions of dollars in Bitcoin and all that stuff.

I promise you, if he was to try to liquidate all his assets, he's not going to get 100% of what he put in it.

He won't because that's not the way liquidity works.

He can't.

He would not be able to full liquidate.

He'd have to pull out in sections because the price is going to be going down.

That's just the way it is.

So I'm just not a fan of regulating something that really has no value without fiat anyway.