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The only way to regulate crypto is if people use centralized exchanges; in other words, only centralized exchanges can be regulated which is not the same as regulating actual crypto.

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The exchange of crypto for dollars can also be regulated, taxed, traced, or prohibited. Likewise for businesses that accept crypto in exchange for goods or services.

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Why would you exchange cryptos for fiat? You can buy cars, gold, silver and even homes with crypto.

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Thank you.

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