Whatever the banksters or nouvea riche may do, it cannot stop the growth of crypto. This is just the beginning, they cannot beatit so they will be forced to join in crypto investment.
Yep, I don't agree with the original point that crypto has already been breached and even if it had, shutting the whole thing down is impossible. Look at the rise in decentralised exchanges since the turn of the year. This is just the start so if governments want to come down even harder then all they will do is push it further underground out of of sight which cant be good for them. You would rather have your enemy in your sights
That's true, and I sure hope you are right.
I just figure the part about banks actively manipulating the crypto market in a way that would drive "regular investors",
and definitely driving away regular people from using it. A lot of people got burned in the january crash.
They might see btc is on it's way back. What if, the same thing happened again? How many times can a crash happen before 'regular people' aren't interested anymore?
By 'regular people' I mean in general less technical interested people who only see it as a way to earn money, not caring or understanding about the technology.
Will bitcoin just keep coming back stronger and stronger, if this was the case?
At some point even the most hardened cryptofans probably would grow tired of the uncertainty in such a market, and no longer view it as a store of value?
I'm not sure, I'm just hoping crypto manages to break through to real world adoption, but I fear that there will be many challenges on the way,
and with what's on stake, I can't see why banks and other entities of the kind, would simply let themselves get buried.