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Author Topic: Crypto markets can exist without government permission  (Read 12385 times)

Offline lepbagong

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Re: Crypto markets can exist without government permission
« Reply #210 on: May 31, 2024, 08:35:49 AM »
There will always be opportunities like you said wherever they are implemented, because these opportunities can be, done and cannot be avoided through mechanisms that might be implemented, because of their ability to do so without permission.
But as good citizens, it is not appropriate for us to violate the rules that have been made because it will always be risky, and it is not a good thing to do, even if we can.
However, currently more and more countries are able to provide convenience even though they do not recognize but are allowed to trade, thus avoiding the intention of violating the rules.
Since one of my local board has posted here, I want to say that it is true that as a good citizen should obey the laws of the country. But in a report I saw that around 4 million people are connected to crypto in our country which is 25% of our population. Now my point is that if our country does not legalize this crypto then what do we have to do. Our current ICT minister also invited the officials of our central bank to discuss about  legalizing this cryptocurrency, but no positive response was given from our central bank officials. So I think the citizens of our country have no choice but to break the rules.
If countries don't ban and imprison people who invest in crypto, I think we're still safe. We can also use VPN to carry out transactions in crypto. In our country crypto is legal for investment, so there is no problem in my country.
With technological developments, every country and its citizens will certainly follow every development, including crypto. Of course, if it is legal in a country, it will no longer be difficult for its citizens to do anything with crypto. But if there is a ban, it is certain that there will be people who will try to do it illegally and, in technology, it can be done and there are many ways. But breaking the rules is certainly not good, because it will be dangerous for him, even though he has the opportunity to make transactions.
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Re: Crypto markets can exist without government permission
« Reply #210 on: May 31, 2024, 08:35:49 AM »

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Online Dr.Bitcoin_Strange

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Re: Crypto markets can exist without government permission
« Reply #211 on: May 31, 2024, 08:50:11 AM »
With technological developments, every country and its citizens will certainly follow every development, including crypto. Of course, if it is legal in a country, it will no longer be difficult for its citizens to do anything with crypto. But if there is a ban, it is certain that there will be people who will try to do it illegally and, in technology, it can be done and there are many ways. But breaking the rules is certainly not good, because it will be dangerous for him, even though he has the opportunity to make transactions.
You're right that breaking the law isn't a good thing, but just like you said, there'll always be people who will break those laws, so if you're going to be a law breaker, then it shouldn't be laws that infringes on another citizen's fundamental rights or that'll cause harm to you, other citizens or the society at large.

Most governments places a ban on crypto because they're scared of the height crypto might attain in the future and then try to contain it, so those laws are mostly for their personal and selfish reasons  and nothing more, so breaking such crypto laws to me isnt really an actual crime.

 

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