Quote from: avikz on April 24, 2024, 07:10:11 PM

Quote from: worldtraveller321 on April 23, 2024, 09:00:40 PM

just figure i share thoughts on crypto world, it sure has changed in last 6 years, where it used to be the free market and we could do as we please, with trades, buying and selling crypto

now its so different now  as the governments in the world have gotten involved and trying to make it harder in crypto as in if you need to trade out to fiat ,

u have to pay taxes and lots of it
Governments are cracking down on exchanges and regulations etc.  
  in one way it does prove crypto has value and here to stay
There is more adoption going on. Slowly but it is happening,. 

Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?

Or will the average person still stay in the markets?  but its too bad that the powers that be are making it difficult      ur thoughts?  

It's a symbol of growth! Whenever the common people have done something extraordinary, governments always came sniffing in to get their cut. That's exactly happening in the crypto world as well. Initially no government had thought that crypto can indeed become so valuable. But when they did, governments around the world, are now trying to get their cut from our income. That's always happens!

Yep, exactly that's the fact!

I mean, whenever people do something big, like flourishing, So the Government always hinders this budding. They can't do anything by themselves. If you look at the truth, it is a little thought-provoking that, till now no government has taken any flourishing stance by itself. Every flourishing is done by a layman, but these people copy the idea and extend it further. Trying to do it from a technological point of view. So the same example is fitted here in crypto: till date no government has created such a technology in which all people are peer-to-peer network connected in a decentralized world. But these people understand taxes and regulations very well.

So it means to say that you are absolutely right, it is the symbol of growth, Satoshi is the person who has served humanity so much. All credit goes to him. While the government is ready to call Satoshi accused due to fiat terminology...