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RE: Fiat Is Technically Worthless. Cryptocurrency Could Reinstate Value In Trade.
There are pros and cons of any innovation that takes place. Good people use it for well-being and bad ones for destruction of some kind. It should not be fully regulated but some kind of measures should be in place for public safety. Every government will have a different approach towards it. Japan has it tax free, doesn't mean that every one could follow their steps. Hopefully it should bring good to mankind going forward. Hail cryptos!
Crypto currency makes tax collection impossible. We should all be celebrating!
Thank you for your comment. Hail cryptos!
The right crypto could regulate itself by being designed to do so. Government regulation seems to go wrong every time, the more government power, the worse the failure in the long term. Unlimited corporate or money power is another part of this problem. The government's existence is supposed to be predicated on the consent of The People, to benefit the people, not to function as another wing of the gang that is seeking to rob anyone who does not have the power to stop them. If government is not serving The People they are illegitimate, should be thrown out, and jailed, and tried for treason against We the People.