Post
Topic
Board Speculation (Altcoins)
Re: Big money moving in next year, means greater demand for DEX projects?
by
Flux0z
on 16/06/2020, 17:12:18 UTC
One way or another, in many states for this period the legislative framework regarding the legalization of cryptocurrency circulation is adopted. In addition, there is a very strict control over the turnover of financial resources of each person, which increases the demand of centralized exchangers in the cryptocurrency market. Of course, a decentralized cryptocurrency exchange exists regardless of any state, and each cryptocurrency user can safely trade cryptocurrency without any consequences. But what a joy it will be that you will have a large amount of cryptocurrency funds worth millions of dollars and at the same time not be able to use them in real life, since in all states you need to indicate your income in declarations. although there is still the only chance to make a difference, it is to use offshore zones, but only a small part of cryptocurrency users can take advantage of these opportunities.

If you're sitting on millions worth of crypto, you either got extremely lucky, or you're extremely wealthy. If you're sitting on $100k worth, you can easily spend it for everyday uses without exposing yourself. There are groups where you can exchange FIAT => Crypto and vice versa, where you meet up face to face and do the deal. Similar to LocalBitcoins.

Demand for DEX's will explode eventually, no doubt.