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by apexkid
498 days ago
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Congratulations on the launch. My question is that how will you deal with future government regulations. In developing world, the government does not like crypto and may impose laws like upfront taxation to discourage people from investing. |
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While we want to have constructive conversations with some of these governments (I actually believe it's possible), ultimately we can't stop hostility / regulations against crypto. What we can do is offer our service and be transparent about what it is — and then users in those countries can make decisions for themselves about whether they can/should engage.
I'm hopeful, however, seeing countries like Turkey and a couple in LatAm that have significant crypto adoption without overt government hostility — when adoption reaches a critical mass, I expect to see more governments relax restrictions.