Post
Topic
Board Altcoin Discussion
Re: Government's actions against crypto
by
Makus
on 14/11/2023, 13:22:21 UTC

The government can only create laws to halt people especially traders and investors from investing in the crypto market but that would never stop the flow. We still have the option to go for what we want and how we want it. The government might be pushing for penalty for people that would break a particular law that is restricting people from making any form of investment with severe sanctions but that would never stop us. Cryptocurrency is an investment of choice and it is mostly decentralized without the permission of any government officials to determine when we are buying or selling cryptocurrency.

It was developed outside the government radar and it grows up to now, maybe yes, government can implement rules and regulation but the continuation will continue to depends from how people will support the project, I also agree that due to the decentralization this venue of investment will continue and will grow for more.

Whatever the government will try to avoid the investors and supproters will always find ways to continue.

For sure, no matter how hard they try Bitcoin accumulation and its usage will keep on increasing day by day until dey have nothing to fight with. That is, Bitcoin will became too powerful for dem to even restrict their citizens from adopting it. Because I believe that a time will come were if your economy does not accept Bitcoin you'll bee seen as a less developed and ignorant nation. Currently bitcoin and other cryptocurrencies are on restriction in my country but that does not stop me from accumulating bitcoin or increasing my crypto portfolio, they can restrict us but they can not stop us.