Companies like Coinbase may ultimately survive crypto winter if it is in the interest of the US federal government that they do. Look no further than the recent FTX disaster ( FTT-USD ) or any financial fraud throughout history. Crypto can very easily be criminalized but laws don't ultimately stop people from becoming criminals when they want to break the rules. government ban the use of crypto? The answer I have come to for years is probably not in a way that is actually enforceable. Let's start with a simple question can the U.S. With so many obvious scam crypto coins and currencies, the rational question is what kind of regulatory wrath awaits this industry? Regulatory Game Theory This time though it's seemingly investors in the very business of crypto who need to be brave as buying COIN today would be buying shares of a company that looks like a sinking ship. We know how the Bonk story will likely end. Now it's all about Bonk ( BONK-USD ), the new dog money that everyone seems excited about. Though at that time it was consumers who were "brave" when plowing fiat into Shiba Inu ( SHIB-USD ) and other dog-themed joke coins. is not Coinbase ( NASDAQ: COIN) but the sentiment still applies. That quote is actually from Matt Damon from his widely-despised ( CRO) commercial from late 2021.
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