Quote from: Shamm on Today at 05:34:53 AM

Quote from: Ben Barubal on November 07, 2023, 10:46:45 PM

Quote from: Sidra101 on May 03, 2023, 04:37:03 AM

The US government and the cryptocurrency market are having a lot of ups and downs, and it seems like they're headed towards a very important conflict. This conflict will determine the fate of many people and companies involved in cryptocurrency. They might have to shut down or move to a different country.

In my opinion, this has been happening for several years. In fact, there are other governments that want to fully control cryptocurrencies, which is impossible to happen in reality. It is possible for cryptocurrencies that are under the centralized-based concept, but purely decentralized cryptocurrencies cannot happen.

That's why the scenario that other governments are doing will never go away; they won't stop until they get what they want to control it, and they also can't stop the innovation that is happening in the crypto space. These are facts known here.

Yeah some countries arround the world want to block cryptocurrency in thier respective countries and we don't know why they do that as we all know that cryptocurrency is one of the best investing platform, maybe those countries don't want their people engage in crypto cause they think that once it will happen then thier people will go for investment rather than working from then with a minimum wages. Just an opinion we really not know what's the main reason.

I think government actually do all this sometimes for selfish reason, I say this because most government feel they can't control and regulate this coins they tend to put a ban to it and lead their citizens to the use of their controllable fiat currency. Cryptocurrency especially some coins that have gained reputable like Bitcoin will be hard to stop even by the government themselves because when it comes to painting with scam view, people still tend to use it because if the consistency and reliability of it over the recent years and this view of Bitcoin covers every other cryptocurrency out there.