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What baffles me is why are the government making lives difficult by banning or limiting it's use? Is it because it threatens the political power or are they scared it will improve the global economy or force the traditional banks to reduce their ridiculous interests rate which we have been robbed of for decades now.
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Most governments barely understand the workings of the internet (otherwise we'd have less silly and / or damaging regulations), let alone the workings of cryptocurrencies. As such I'd still ascribe most of the restrictiveness to incompetence and ignorance as far as new technologies are concerned. Or at least that's the best case scenario. I'm sure there are some that very well understand the implication of cryptocurrencies. Those for the most part will likely fear loss of control. But why fear it if you could create balance or merge the technology in a way that even the country as a whole could benefit from the evolving technology, don't you think so?😂 |
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The government is trying to make everything under its control, the banks control all the money, and the government controls that banks.
Blocking or restricting is a feature of anything new, new things need time to accept.
The Internet has been a tool for freedom before, but now there are a lot of restrictions on its use, and this will happen to cryptocurrencies.
I do not know why people tend to be controlled? But this is a present trait.
And for how long will they control absolutely everything. We are suppose to be living in democracy era but what do we get, restrictions from freedom |
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Over the years cryptocurrency has evolved into a global currency but governments are trying to sweep it's relevancy under the carpet. We all know that the eyes of the community are now opened to the importance and blockchain technology.
What baffles me is why are the government making lives difficult by banning or limiting it's use? Is it because it threatens the political power or are they scared it will improve the global economy or force the traditional banks to reduce their ridiculous interests rate which we have been robbed of for decades now.
What is your take on this and what do you think will make governmental bodies to finally accept crypto?
simply bitcoin enables people to control their money the way they want , some people in first world countries may not realize how important is that but I will try to give an example for example I live in Syria and I guess you already heard about it from the news , there are many Syrians who migrated to USA in the past and now they have citizenship but now USA prevents dealing with Syria at all so imagine if you are a Syrian who has an uncle or relative in USA and that relative isn't even to help you at all with money simply because USA prevents that and they count all the transactions as a way to help terrorism ( as they call it  ) so in Syria even the popular banking and wallets services aren't available thanks to USA : Visa , Master , Paypal , Neteller , Skrill ...etc bitcoin created a way for people to send and receive money easily here without caring about the US ban and other banking related problems in short people who live in a first world country may look to bitcoin as just a way to make more money , but if you move to a 3rd world country you would know how importance blockchain is and of course thats one of the reasons that governments hate bitcoin I fully understand your point, first world countried may take it for granted but for us it's a way of financial freedom and yet our governmental body is trying by all means to limit it's existence. It's really sad |
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Over the years cryptocurrency has evolved into a global currency but governments are trying to sweep it's relevancy under the carpet. We all know that the eyes of the community are now opened to the importance and blockchain technology.
What baffles me is why are the government making lives difficult by banning or limiting it's use? Is it because it threatens the political power or are they scared it will improve the global economy or force the traditional banks to reduce their ridiculous interests rate which we have been robbed of for decades now.
What is your take on this and what do you think will make governmental bodies to finally accept crypto?
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Choosing a good new coin for long term investment is probably not an easy one to do. Most ICO has become a failing project and just ways of raising money just to exit scam later on. I would suggest you choose a stable altcoin which has already survived crypto world like Ether Litecoin etc. You are much safer that way
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If there was ever a time to dare, to make a difference,
to embark on something worth doing,
IT IS NOW.
Not for any grand cause, necessarily...
but for something that tugs at your heart,
something that's your inspiration,
something that's your dream.
You owe it to yourself to make your days here count.
HAVE FUN. DIG DEEP. STRETCH. DREAM BIG.
Know, though, that things worth doing seldom come easy.
There will be good days. And there will be bad days.
There will be times when you want to turn around,
pack it up, and call it quits. Those times tell you
that you are pushing yourself, that you are not afraid to learn by trying.
PERSIST.
Because with an idea, determination, and the right tools,
you can do great things.
Let your instincts, your intellect, and your heart, guide you.
TRUST.
Believe in the incredible power of the human mind.
Of doing something that makes a difference.
Of working hard. Of laughing and hoping.
Of lazy afternoons. Of lasting friends.
Of all the things that will cross your path this year.
The start of something new brings the hope of something great,
ANYTHING IS POSSIBLE.
Keep pushing and keep believing in yourself, one day you shall reap a fulfilling reward. Crypto to the world.
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What are we waiting for really? Well I'm waiting for stability as both Bitcoin and Altcoin has fallen deeply and it's about time for the crypto bleed to start going green again. Let's hope this time once it starts to rise it can rather stabilise that pump and dump again.
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Yes I would agreen there are bunch of garbage projects out there or should I call it potential to fail ICOS. However I do not believe it's over for good and working ICO though, there are still some genuine well planned and potential to succeed ICO out there.
We just need to keep searching and give support because sometimes some ICO fail due to bad publicity
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If you think about it Bitcoin actually controls more than 50% of the crypto market hence when it drops, altcoin will also fall. Even though no actually proof of this but that's just how it's always worked.
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How about sell a 25% fraction of bitcoin to buy Ethereum. Personally I wouldn't sell my bitcoin for any altcoin but I would invest in altcoin all together with bit coin because these two coin has much greater potential which is sure for now.
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I do not think Ethereum will go as low as $50 though, maybe $140 before it rises again. Yes it's only usage at the moment is for ICOs but it's still a strong blockchain
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Oh yes, this is the time to buy. When the coins are bleeding you just buy and nurture it by hodling until you reap more than x5.
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Thanks for sharing this information with us, it's good to know there are still promising projects out there regardless of the bearish market right now.
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I personally think crypto is not about trusting a project but being smart enough to know that even researching about a project doesn't necessarily mean it's a guarantee. Being in this world is a risk you should be willing to take. Categorising ERC20 token is also gonna bring some devaluation to it.
Personally I think we should just take enough time to study a project well and investigate the team before investing
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Why would you bring emotional decision into crypto world. When you should rather see how you can do a better research before joining any project. Take your time to choose wisely hence you won't find yourself wasting precious time promoting shitcoins.
Wish you good luck in your future activities.😉
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Overnight increase of that much will tell you to be patient enough to hodl. Personally I think with the market unstable and all for a coin to increase that much, it's a good sign
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If you look at it from a business perspective, you will realise that for the exchange itself to be successful huge amount of money has been spent and to maintain it hence it's only fair they charge a fee but sometimes the fee can be a little ridiculous though.
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