Comment by Yizahi
1 day ago
> Some ban crypto, which pushes it to the grey market in those jurisdictions.
This is worded like it's something negative, but I honestly fail to see what exactly. Tokens will be pushed to grey market, and? They are already fully utilizing grey and black markets, half of the worlds drug, arm and sanctioned oil trade is done in these shittokens. Cutting out the legal bridges and exchanges would reduce total amount of legal liquidity and on/off ramps and not not change grey and black markets much, since criminals are already operating there.
Instead it would cut a lot of the "legal" schemes by which country elites are laundering bribes and evade taxes. At least part of the schemes.
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