- More draconian laws crippling the industry via May legislation/reclassification of crypto (forcing small non-exchange businesses to register as exchanges, resulting in extremely unreasonable licensing, fees, and monitoring requirements). - Less economic freedom. - CEO of Japan’s first crypto social media comments.
Why the crippling laws? In a free market, hosts don’t pay parasites.
That’s why the parasites have to use legislation backed by violence to extort creators and innovators.
Read the full story here: https://www.coindesk.com/japan…-storage-and-trading
My video commentary is below!