A recent observation: Cryptocurrency must (or is forced to) integrate with the traditional financial system. Because the entire traditional financial system still harbors a deep distrust of cryptocurrencies, it's inherently difficult to manage. If we continue to approach it with the previous dismissive attitude, we'll suffer significant losses, such as from banks and tax authorities. It's somewhat sad; perhaps we need to be even more cautious, more careful at every step, and more strictly compliant without being lazy, to avoid problems and future troubles.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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