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Analysts say more activity is moving underground, where individuals can send virtual currencies to each other using private addresses, which serve like safe-deposit boxes.

Regulators will likely to have to tolerate noncommercial trading of virtual currencies. “The government also doesn’t have the power to control” that.

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Centralized exchanges have always been the achilles heel of cryptocurrency ecosystem.

Better to keep it distributed with (a) smart contracts and (b) lightning network.



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