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Why shouldn't crypto that has nothing behind it, like most crypto, not be banned?

How do you regulate somethng based on hot air and crime?

A good reason to go with the cloud is if you have a small firm without a substantial dedicated support staff, or if a given service is one that is not central to what you do.  For instance, it might make sense to have a cloud based Market Data feed system if it can be done without adding noticable latency, and may be even more timely in algo trading.  Same with certain types of trading systems.  But while the solutions may be called 'cloud' based, they work best with direct comms to the providers without any public / external exposure.

Indeed, exposure to the Internet is a huge concern security wise, also reliability wise.  DDOS attacks, hacking in general, are all things to be avoided, especially where loss of service or hacking can put the business in danger.  Yet with good enough security, some access via the Internet might make sense.  Salesforce is one example, because you have users in the field, not just in an office.  Or Market Data management systems, but in that case you should still explore direct lines to the vendor.  

So while cloud can make sense, it also brings dangers if not handled well, especially if communications go over the Internet.  Think it through before you plunge in!