Post
Topic
Board Bitcoin Discussion
Re: World Of Crypto Has Changed in Last 6 Years.
by
Faisal2202
on 24/04/2024, 14:30:14 UTC
Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?
Nah I don't think people will leave crypto just because the government keeps getting involved as a matter of fact I consider the involvement of government a good factor for the same reason that you have aforementioned. People will not leave because if government is cracking down exchanges then new exchanges will take place, if they are implementing high taxation, then new method to minimize the taxation will take place, if they are eliminating anoynity, security, decentralization factors from the exchanges, platforms then new ones will take there places.

This works is full of diversity, means if there are people demanding cringe content then there will be people creating it, same if the people will demand decentralized platforms, developers of the same kind will make those and this is how things will work. And why would you say, only high wealth people will be involved, as it's not about money I guess, its about technology.