How do you respond to the coming regulations that will likely crash crypto  ?

 Micheal Burry, the guy played by Christian Bale in The Big Short, predicted the housing crisis, bet against Elon Musk, got in on the gamestop action etc has been tweeting about a huge crypto crash due to a Govt crack down.

I believe he's referring to the fact that G20 Governments have commissioned an organization called FATF to come up with international regulations for cryptos in October.

Below is a reddit post on this and the paper linked there.

https://np.reddit.com/r/CryptoCurrency/comments/o9fd7l/governments_planning_global_coordinated/

Help a newbie out. Banks and governments have enormous motivation to crush Bitcoin, they can't, but can't they put pressure on trading platforms?

I ask because I just learned some alt-right guy, Milo somebody was kicked off of Coinbase.

Can't the Govt/corporations just get creative and pressure exchanges to deplatform people ?

Or demand more transparency to guard against criminal activity or whatever.

Sure, you have a wallet, and can buy and receive BTC, but you can't legally buy it.

I'm in NY, we only have like 4 legal platforms to buy BTC from ! Seems incredibly fragile....and introduces all the centralized trust issues BTC was supposed to do away with !

Sure, you could get a VPN & use another exchange but this comes with it's own risks, and is too much trouble for the average Joe.