Whether you invest in NFT’s or Crypto you should by not have realized the stepped up government intervention into the blockchain space over the past year and especially in the last few weeks. All I can tell you is that if you know anything about crypto, it was never meant to be used for illegal activities under the guise of decentralization. I think the more immature and uninformed believed that blockchain technology allowed us to somehow have a private wild west pirate run cove of anything goes mentality. To have thought that scammers and crooks wouldn’t invade the space and take advantage of money laundering, pump and dumps, rugs and other nefarious activity was very ignorant. To have thought governments around the world would not take notice is equally idiotic. However for those of you with a head on your shoulders that doesn’t scream conspiracy theories every two seconds you will see that what is happening now is healthy and necessary for the blockchain space to continue to evolve.

NFT’s are not a fad and neither is blockchain technology. Outsiders looking into the blockchain crypto space have been saying this for years. Now we have those within the blockchain space who don’t understand that the future of Web 3 and crypto blockchain depends on working with government. After all everything we do in day to day life is done with the help of government. If you live in an open society you can freely debate and change laws through legislation. Those within the crypto blockchain community now see the hammer dropping on illegal exchanges and projects alike and instead of seeing it as a good thing, that the space is being purged, they take it as a personal affront. As an attack on their very being and soul. The amount of narcissism within the crypto space is astounding and so much so that even regulatory action that benefits everyone long term is seen as an attack. The crypto blockchain space is a nascent space full of ideological vigor mostly debased from reality, not realizing that the end goal of their decentralized dreams will take years and years and years to even approach completion. That laws will have to be enacted and changed and addendums to legislation will be created in future decades. We are just at the beginning. You can identify a foolish maxi when they say things like “The US is falling behind, all crypto projects are leaving because the US is attacking them!” Attacking and regulating are two different things and a narcissist see’s both as the same. You would do well to stay away from people who have such zealous views as they usually just dislike government to begin with. I don’t say government isn’t guilt of ruining businesses or making it hard to make a living sometimes when legislation is passed down that affects everyone. However the government must also protect its citizens from harm while balancing commerce. Of course life isn’t fair and there are things that government does that affects its citizens disproportionately in a negative fashion. However the benefit of living within the US is that we have a system that can change and mold itself to modern times. The problem is that people in crypto blockchain want things done yesterday.

Whatever the case the next 6 months you will see a tremendous change in the crypto blockchain space. Projects that are not compliant will shut down or rearrange themselves into compliance. Promises will be broken. Community members, most of home are ridiculously out of touch idealists who secretly harbor dreams of quick fast cash while pretending they love community more than money (ffs), are going to lose their minds once and for all. Especially those that went into projects that were already on hold to begin with, in some cases for months already.

From what I can tell since the SEC has officially named so many tokens as securities, blockchains like Polygon and Solana, which have extensive NFT collections, are scrambling to find out what they must do to bring their tokens into compliance. NFT projects on those blockchains, among others, will have to find out what that means for them for working on a blockchain that issued securities and how they are intertwined with it. More importantly, im my not so humble opinion, I believe that NFT’s will be considered as securities eventually and will have to find a way to come into compliance sooner rather then later.

The reality that NFT’s are securities, or at least most of them, is something people should accept now. Perhaps there will be exemptions in the future that will allow NFT’s to not be counted as securities but if you see the future of NFT’s and how they will help transfer value and increase or decrease in value depending on cross chain integrations within games, finance and social interactions you will see that regulators will easily see these are securities.

Whatever the case NFT’s will be regulated just as tokens because both being lines of code in the end that transfer value. This is great news as we will start to get regulatory clarity over time. Regulatory hammer falls, people cheer and complain, once the dust settles lobbyists from the blockchain space send their people to tell Congress and legislators “Hey listen thanks for taking down Coinbase and Binance and shit stablecoins but uh we have innocent actors in the space that want to be able to do ABC, let’s change the space so that further progress can be made that will benefit not only Web 3 and blockchain but the US as well”

There is no greater incentive for a government to promote new tech then by allowing that tech to give that nation state a further edge. There is no country that has laws for personal property as innovative as the US and I believe that what put the US on the map and made them stay on the map is being open to innovation despite the cry babies thinking the US is going the way of Atlantis. If you’re not at least a little geopolitically savvy and historically informed and just go by what Reddit University professors and Twitter trolls say then you’d think crypto blockchain is exiting the US and going to Europe or Asia en masse. The money, talent and innovation is in North America. The geopolitical and technical future of the future is in the Americas, specifically North America. The influx of capital coming to North America as deglobalization accelerates is astounding. That capital will find itself self back into crypto blockchain in the future after it has been regulated to a considerable level. People only see the short term but in 5 years I believe the market cap for cryptos will be in many many trillions. Well in excess of the 3 trillion marketcap of the entire crypto space at its peak pre-regulation.

Whatever you think of what I just wrote you will have to face reality. What is happening now, regulatory hammer and all, is a net positive for all of crypto blockchain. It is time to hold projects and blockchains accountable. It is ironic that transparency, a staple marketing term used by Web 3 centric projects, is being enforced by government. Clearly many within Web 3 like Sam Bankman and CZ of Binance took advantage of it and many of their ignorant legions thought “Wow this is freedom” not realizing that they were supporting illegal enterprises. Let’s not forget the great amounts of scammers who constantly set up fake NFT projects they collect and rug on yet they all have intersecting blockchain addresses that government agencies will no doubt use to track them down eventually. Everything is on the blockchain and that is a good thing. Illegal actors have left their footprints.

I expect the rest of 2023 to be a shit show as projects that wish to maintain access to the largest, deepest and most liquid market, the United States, come to terms with reality. Even if they move offshore to Europe the Europeans will eventually enact laws the clamp down on rugs, money laundering and other unsavory activities. You can’t escape regulations. This is a world wide phenomena. Even if the project moves to Europe or Asia shorterm, the money and markets here in the US are too tempting to leave alone. Most projects already abroad are just waiting on the sidelines until favorable regulation passes and they come back. You better believe that whatever people tell you about the US or dollar, the US market is THE market to get funding, grow your business and access a population of people with extremely high incomes relative to the rest of the world. Do not for one second believe the US is in decline. In fact the US is on the rise and will definitely have massive inflows of capital in the next few years that will, as mentioned before, find their way into the blockchain tech sector.

Expect delays from legitimate projects, expect progress to slow down to a crawl as compliance effects and implications wash down into the entire blockchain crypto space. Expect changes to roadmaps and plans that were laid out before the increase in regulatory oversight. Expect projects to go under, even legitimate ones, and then come back rebranded and rebuilt to better prepare for the glorious future of crypto blockchain.

We cannot have the next truly major bull run until we purge the system of major nefarious actors. This is the truth that nobody else tells you unless you want to be ostracized on pro positive anti US government circles found on Discord or Twitter. Great legally compliant projects with tokens will fall in value and this will allow you the opportunity to scoop up some decent tokens at excellent prices.

I believe a bottom will form end of year 2023, early 2024. Make sure you have cash ready to buy into whatever is left standing that is legally compliant. The market cap rankings are going to flip and most likely your favorite blockchain will sink or disappear altogether.

Are you ready for change? Ready to take advantage of life changing opportunities that are and will presenting themselves in the current and future regulatory environment? Or are you a whiner who can’t adapt to change, admit you were wrong, and move with the times?

I’ll tell you one thing, I’m not missing the low priced opportunities I did years back when ETH and BTC were low prices single digit gems. I learned my lesson and now am ready for the next bull run. Before the bull run though, the purge, the collapsing of prices, the seeming end of crypto blockchain itself has to possess the hearts and minds of the uninformed so that I may have my chance at buying what they dump.

Will you join me?