Post
Topic
Board Bitcoin Discussion
Re: To hell with regulations and government interference
by
unusualfacts30
on 21/09/2018, 15:17:05 UTC
Hoping I'm not the only one in here feeling this way or I assume S.W.A.T. will be at my door in a few minutes. 

I see most of the forum members in here thinking we need the government to step in to regulate crypto.  I see others flocking to KYC to make sure they get the latest airdrop all the while losing the precious commodity of privacy.  I even see others hoping and praying we get the ETF approval so prices will really skyrocket and we can all get rich.  The ETF is going to steal control away form us and give it to the paper pushers.  Everything the majority of the forum is doing and hoping for is giving the movement away to the same power structure which is screwing us all over. 

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? 

I think there are bad players in crypto industry as well that can only be taken care of by government regulation. You're correct about not wanting it but we do need some kind of compliance to deal with corruption. Besides regulation can really help with adoption and bring more people to crypto world. It was going to happen sooner or later, so called govt wouldn't wanna miss on it.