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Anyone who genuinely thought that cryptocurrency would be usable for completely anonymous transactions without regulation is woefully näive.

Note I used "would" not "should", the latter is ideology, the former acknowledgement of reality.

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The point is crypto has potential to be used whether regulators like it or not. Regulators will do everything they can to prevent this of course, but it at least means we have the potential to transact privately vs. not having any chance at all.

Sure, just like you have the potential to import heroin in your GI tract.

Do you want to actually reply or just be snarky?

I was being facetious - people can use crypto contrary to regulation just as heroin sellers sell contrary to regulation.

There's consequences in both instances. It's just how rule of law is.

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