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In this video we answer a question from the community about the Biden administration attempting to regulate Bitcoin, what might this mean for crypto broadly and Splinterlands directly?
We dive into one article which speaks to this topic, and unpack what it says and doesn't say.
In the end, I feel the issue of crypto regulation is a significant concern, but which in the end is part of why crypto is an exciting space today. If crypto was fully regulated, and a common investment, then the volatility would be less, but so too would the opportunity.
Volatility is not a bad word.
The life changing potential of cryptocurrency broadly, and Splinterlands specifically, is a facet of it's volatility. When everyone plays blockchain based video games, the price appreciation will be largely behind us. Just as when Bitcoin is held by 9/10 people, its maximum price increases will be behind us. Regulation will bring more, risk-averse, people into this space, but I don't want to wait till then, because I believe the opportunity is here now, before those masses join me.
As always, thank you for your time and attention, have an amazing day and God bless.
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