Quote from: Dripstoil on November 07, 2021, 11:01:22 PM

Quote from: Tellek Garing on November 06, 2021, 08:39:03 AM

So many anti bitcoin laws and policies that seek to undermine the existence of bitcoin have been made by government and countries all seeking the centralization of currencies within it region and since bitcoin is a decentralized digital currency most government are against it.

Crypto is here to stay, and no amount of regulation will stop the anonymity. Those regulations you're talking about are mostly geared towards Exchanges and trading platforms. Even if custodial wallets are regulated, you still have the option to create your own wallet in different forms.

Having your monetary assets stored and secured in a harddrive is such an interesting reality that crypto has come to offer. I don't think any government would regulate your harddrive.

While it's practically impossible to regulate cryptocurrencies, governments may actually impose tax measures to anyone dealing with crypto and exchanges in general. As a result, we'll have a hard(er) time cashing out earnings in fiat. Despite us being all about crypto and Bitcoin, eventually, we'll all have to turn some of them at least, into fiat, which might result in profit loss and declaration of income, if more regulations take place.