Post
Topic
Board Press
Re: [2018-01-27] How Chinese Bitcoin Buyers Are Getting Around Government Ban
by
Qartersa
on 28/01/2018, 07:01:58 UTC
China has to accept that you simply can't prevent people from investing in Bitcoin. One way or another, there will always be a way for people to trade Bitcoin, even when it's not as convenient as trading on an exchange. I seriously hope that decentralized exchanges will become the norm in the coming years, because people for once need to understand how annoying and unworkable centralized exchanges are getting due to all the regulations. I have taken a look into some of the more popular decentralized exchanges, but it's still more or less a hassle and time consuming practice to settle trades. I hope that atomic swaps will be able to bring the necessary convenience people need in order to take decentralized exchanges more serious.

True. Lest we forget, one of the reasons why people opted to try out cryptocurrencies is because of the heavy papers and fees that governments and banks require of us when we have transactions involving OUR OWN monies. How inconvenient is that! Not only that, they get a huge chunk out of every transaction leaving us with only a fraction of our monies. This has got to be seriously a threat to all investors worldwide. That is why I hope Bitcoin's system will improve for the better because majority of the people here clung to a hope that they would get their monies' worth, unlike what they have experienced with the centralized system. CONVENIENCE AND FLEXIBILITY is key in this day and age, hence there should be no stopping the growth of cryptos.