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RE: Regulations are coming, and that's a good thing!
I agree. Bitcoin needs LN, Schnorr sigs, etc to come online or other tech is going to come forward and surpass it. Steem, Bitshares and EOS have all solved the scaling issues so we may see those go up later on this year.
I read James Altucher's book Choose Yourself about a year ago and it's clear to me that he's no expert in cryptocurrencies. He did however manage some very large hedge funds around the time of the dot.com boom/bust.