Putin's decision to take a hard line against cryptos is highly suspicious given the fact they seemed to be supportive not long ago. I realize cryptos are a problem for developing nations with money leaving their countries, but what's happening can't be stopped. It's like trying to stop the Internet from propagating. The establishment is threatened by cryptos, but a better strategy would be to embrace the tech and find a way to benefit. I suspect next, certain nations will attempt to disable the markets and technology. Let's see. We need more crypto backed credit cards, Western Union, Money Gram, full PayPal integration.

For most of us buying BTC/ETH and holding for 10+ years will out perform trading, certainly on a risk adjusted basis. Maybe not as fun, but more likely.