Re: Will governments prohibit developers from creating a new coin?
As crypto/Blockchain tech becomes more popular, mainstream banks and governments will be forced to take action against this emerging industry to stop its growth worldwide. They don't want to people to use crypto on top of Fiat, so we'll be seeing new tactics from said entities in order to destroy crypto for good. One of those tactics could be either banning people from trading crypto at a centralized exchange or simply prosecuting developers of a cryptocurrency project. I believe the latter option is much easier and effective for governments to put an end to crypto for good. Before devs will be able to launch a new cryptocurrency, they're going to need governments' approval. Otherwise, they could face serious consequences in the long run.
Thoughts?
Thoughts?
Crpyto/Blockchain has no relationship with the government, they grew on their own in recent years, there is no relationship between crypto and government for now, if you keep pushing this issue to grow I'm afraid it won't mean anything, don't you too connoisseur of the crypto world.
Precisely this prohibition will create a threat for everyone to invest, in my opinion the government needs to provide good rules for the development of crypto in the future, not prohibit it without providing a solution.