[jl6]

Assuming full regulation is possible, would crypto still be useful? It seems a very large portion of its utility is in its semi-unregulated nature.

[aketchum]

I would have agreed, but the US BTC ETF success shows that people care about the asset of BTC divorced from the promise of lack of regulation.

[jl6]

Or is the US BTC ETF just a convenient way to speculate on the rising value of BTC, when the rising value is driven by the illicit activity happening elsewhere?

[amrocha]

That’s just gambling

[aketchum]

I would agree