Possible effect of a global regulatory crackdown on Bitcoin and how to prepare

[dave_strider]

Let me explain something unique about Bitcoin and faits. Bitcoin as we know is decentralized, a digital coin while faits is a centralized, a physical money. In my opinion, Bitcoin has limited link with Fiats, in facts, i don't think that Bitcoin can be an alternative to fiats because both are operating on different systems.
Bitcoin is already in use online, the only link between Bitcoin and Fiats is the users conversion of Bitcoin to faits for offline uses. I think that Bitcoin has no alternative except the altcoins, it is completely digital, while faits remains a physical money.

I do think both worlds will still exist (digital with crypto payments and fiat world for daily usage), it's just that BTC would be the best to take a step in the scalability department and become the coin to be used to exchange value for something (not only something big, but something daily), in the future to come.

Maybe it will all remain the same and we won't see such a development at all. Only time will tell.

[yhiaali3]

What can increased education and awareness offer to solve these problems? Yes, increased education and awareness are essential for the Bitcoin community, especially newcomers, but they will not prevent governments from continuing to attempt to ban Bitcoin and impose more stringent restrictions.

Yes, governments change, and regimes supportive of or against Bitcoin change. We hope that future governments will recognize the importance of Bitcoin, as the Trump administration did.

[densus88]

What can increased education and awareness offer to solve these problems? Yes, increased education and awareness are essential for the Bitcoin community, especially newcomers, but they will not prevent governments from continuing to attempt to ban Bitcoin and impose more stringent restrictions.

Yes, governments change, and regimes supportive of or against Bitcoin change. We hope that future governments will recognize the importance of Bitcoin, as the Trump administration did.

Governments in all countries should understand the technological advances brought by crypto, so education about crypto technology should be given to its citizens. In the past we often read bad news about bitcoin and crypto, many said it was a scam. But in reality, what we see today is that bitcoin remains a profitable crypto asset because its price is getting more and more expensive.
for those who bought bitcoin early, of course, they have already made high profits.

[NotATether]

Hmm, I see you're wearing BitcoinCleanup signatures OP. Did I launch the campaign on Altcoinstalks? I don't remember. I'll go check and do an "official" launch if not.

But anyway, there's a few ways that you can prepare:

First, acquire a stash and don't lose it. (And don't get robbed.)

Next, make sure you have a stable income and methods to buy and sell bitcoin without KYC. They will be unavailable during a regulatory crackdown. I have a list here if you want.