Post
Topic
Board Legal
Re: Cryptocurrencies are not harmful for economy
by
jrrsparkles
on 21/08/2019, 16:52:27 UTC
In this crypto era there are few countries left which are still far behind to accept cryptocurrencies because the governments of these countries think that cryptocurrencies are harmful for economy they are just trying to ban cryptocurrencies in any way instead of making regulations which are must important.
So they can allow to invest and trade in stocks markets but not in cryptocurrencies that is not fair and unacceptable.

It's only harmful for governments' pockets lol. They might as well ban fiat money because government's control won't stop evil deeds. I wish real gold was a currency again like in the past. Government can discontinue any fiat money as they like so it makes me wonder if a rich person with just fiat money can really say they are rich.

On countries where no gold present will hardly oppose this and will never let this to happen even if the super powered countries agreed to remove all the fiat because the one who mine gold will control the authority which doesn't make much difference from the fiat system but on cryptos already bitcoins were present and no one is going to control so surely there will be clear decentralization on crypto economy over gold economy.