Jad Comair – Founder and CIO of Melanion Capital – opined that regulators would not “kill” bitcoin if it becomes too successful. Such a move would be possible only in some authoritarian nations, while the USA and developed G7 countries would never take such a “harsh step.”
Ray Dalio Is Wrong
Ray Dalio believes that if Bitcoin gains mainstream success, regulators and governments would ultimately take control of it. Furthermore, authorities would “kill” the asset as they “have ways of killing it.” However, not everyone agrees with his assessment.
According to Jad Comair – Chief Information Officer of the French investment management company Melanion Capital – such an event sounds “very extreme.” He pointed out that the USA has actually embraced bitcoin in its financial system. Many American investors have allocated a significant amount of funds into the crypto market. With that said, banning digital assets would have a negative impact on the economic network:
Expert Analyst Famous for Predicting Solana’s Comeback From 2022 Lows Says This Token is About to ‘Go Vertical’ With up to 2500% Returns Expected in the Next 3 Months
[[{“value”:” Several prominent crypto analysts, who previously predicted Solana’s comeback, are now shifting their focus to $HUMP, a…
