While I don't support Binance or CZ, the recent news along with Kraken and ETF news got me feeling a kind of way. What is Bitcoins future? - only highly regulated KYC'ed exchanges exist. All alternatives are squashed. Peer-to-peer trading outlawed - ETF's play huge role in market - public miners forced to censor OFAC sanctioned countries. - all fiat gains incur major tax, because "you got lucky" - self custody outlawed - all transactions are taxable events, Bitcoins medium of exchange potential never takes off