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RE: Will Governments Make Bitcoin Illegal? (And Other Cryptocurrencies)

in #bitcoin7 years ago (edited)

They also poker would be banned in other countries before the united states. I believe it will be banned in the USA first. Its not just the problem with fiat currencies but also people trying to get in money they made illegally selling drugs into banks. They already are doing a crack down on exchanges. Bitcoin is no longer decentralized. If you think it is your delusional. I sold all of mine already. Its not what it was a few years ago. To much regulation not on the coin itself but the exchanges that sell them. 90% of the investors are from china. Most are novice investors with no clue about investing. It was a great investment a few years ago. I love the technology but believing any of it is decentralized is just what government wants you to think. They already took down silk roads and alphabay 2 decentralized exchanges. If they can take them down they are not decentralized anymore. They know to make it centralized. Governments will make bitcoin, gold and silver illegal again and take it away from society just like they done before. Your can't go against the government and think your going to out due them and get rich living in their country. Wont ever happen. May for awhile but sooner or later they will throw down regulation and start confiscating as they always do. The best way to make money is to invest in businesses built around helping the economy and government. Not things trying to hurt.

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