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« on: November 05, 2018, 09:02:19 AM »
I think we should separate regulation and control. While both involve some institutions intervening, the former creates the legal basis for operations and partial price manipulation and the latter presupposes complete price manipulation and possession of at least significant supply. Futures contracts are basically also a way a regulating bitcoin, and this involves serious price manipulation, because the real price is not even taken into consideration. ETF approval is a way to make investments purely legal and the price is supposed to be approximately what's on the market. Btc control is not possible at all, because even a legislation forbidding to use bitcoin doesn't mean that btc will really not be used or anything. And the marketcap of btc is so huge that buying a control package seems close to impossible.