You are viewing a single comment's thread from:
RE: The World of Cryptocurrency - Crackdown Continues
When it's all said and done, do you REALLY think countries will be able to control crypto? They'll make it so you have a hard time cashing out or even using it as a currency for instore purchases but I don't think they can regulate person to person transactions.
Wasn't the original vision to take the power out of the hands of the ruling elite? Now we're waiting for their approval? Nah, the only problem is going to be it won't be as popular for speculation and investing as it currently is.
yup i agree that the government cant control crypto and they cant even regulate person to person transactions but through banning this crypto and to a point to file a bill for making it a crime in trading with crypto will somehow discourage many of our fellow cryptonians to continue in trading with this coins and as a result, there will be decline on the number of investors and surely the market cap will be hurt.
True, but I suppose this all depends on what our end goals are. I'm okay with black market currencies.