First Gen American asks:
Why do you think the world has not cracked down on crypto yet?
We should ban it because it allows people to tax evade and launder money for illegal activities, and, of course, the environmental factors. The longer we don’t ban it the more difficult it will be to ban as pensions start including it in their portfolios.
(Answer from when this question was first asked): Because President Trump sucks. We need US leadership to get the world to do anything– see climate change (#Kyoto)
(Answer from this year): Since this question has been asked, China and 8 other countries have fully banned crypto. But I think the main reason the US hasn’t is because our political process is being held hostage by ultra-rich people who are making money from it.
In other words: Citizens United