Crypto baby - coin VS government?

in #crypto7 years ago

Everyday we hear that 'Government will shut crypto up", and we all loose the money. Well, yes, Govt will go after cryptos for sure, sooner or later, and likely sooner. But, the complete shut up not just doubtable, but I would say impossible. And here is why: cryptocurrency is now owned by just one govt. It is worldwide currency, means, all countries will have to shut down at the same time. How likely this to happen? Well, highly unlikely and not at the same time for sure. But lets imagine, that tomorrow USA stopped it. Said it is illegal, etc. What we will do? Think once, twice, and... here you go, you will exchange your currency with someone who lives for example in Canada. He will take your coin, and redeem in his country. That way you will get the service paid off. Even if Govt shuts it off here, you have huge list of countries where you can use it. This is a good thing about worldwide currency. Woohoo! So no fear and keep buying!

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The interesting part is that the government can't stop it.

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