You are viewing a single comment's thread from:

RE: What is Cryptocurrency, but a Return to Human Dignity in Economics? (Thoughts on crypto, humanity, and the inevitable upcoming clash between coin and state)

in #bitcoin7 years ago

Great job of articulating the fears and concerns that I'm sure many of us here share with you.

This is my first financial year of being actively involved in Crypto and I'm hoping that any gains can be taxed to a bare minimum if possible. I can't help but wonder to myself though, how can centralised control of decentralised assets even work?
I don't deny the fact that it could all get really damn nasty, but it seems like the perfect opportunity for the state to show it's true colours to those who still believe that it exists for some arbitrary "the greater good".

I'd love to hear how others are planning for this and working to protect themselves in the long run.

Sort:  

Hey, @howardblott. Great thoughts here man!

how can centralised control of decentralised assets even work?
I don't deny the fact that it could all get really damn nasty, but it seems like the perfect opportunity for the state to show it's true colours to those who still believe that it exists for some arbitrary "the greater good".

Really well stated and I agree. We certainly are living in interesting times.

Coin Marketplace

STEEM 0.18
TRX 0.18
JST 0.032
BTC 87512.19
ETH 3031.52
USDT 1.00
SBD 2.72