Post
Topic
Board Bitcoin Discussion
Re: To hell with regulations and government interference
by
avikz
on 18/09/2018, 22:21:24 UTC
I started to agree with your points until the below paragraphs.

We need no regulations.  We need no KYC.  We need no ETF's.  What we need to do is show the world why Bitcoin is better than government FIAT and let Bitcoin take over that way.  We have a real shot at gaining freedom of finances however it seems most are tripping over themselves to give all that away to the government as quickly as possible.

Please consider government interference in crypto for the future generations sake.  They will not have the amazing earning potential we have.  They will just get a shit sandwich of every transaction they make begin on a public ledger.  Perfect tax slaves.  Are we handing our kids over to the system by allowing the governments to just step in like this? 

What essentially you are proposing, is non-compliance with government regulations. If you want to see it happening, you will probably have to start a revolution against government, like Renaissance, that happened between 14th and 17th centuries in Europe.

At the current situation of the world when majority of the countries are dependent on each other and the world is controlled by a handful of powerful countries, such idea of revolution is nothing less than a daydream!

Such revolution will bring no impact on cryptos unless and until we can buy our daily goods using that currency. A currency will only succeed if it is used as a medium of exchange. This can be only achieved through compliance!