Crypto markets can exist without government permission

[Freemind]

Of course, fiat is provided by the government, it is its brainchild. And it is clear that governments will not refuse it, because the entire economy of the country is tied to it. Personally, I do not think that cryptocurrency should become a means of payment on par with fiat. Cryptocurrency develops and flourishes due to its niche nature, because it does not duplicate the properties of fiat, but solves those problematic points that fiat is not able to close.

I agree with almost everything you said. The problem for governments and the rich and powerful is that they feel threatened by cryptocurrencies and the freedoms they offer, that is why they can "offer a certain freedom of movement", but never equate it with fiat money. The most recent proof is the attacks and bans on mixers and services that offer more anonymity to users.

They "allow" us to use cryptocurrencies but as long as they are easily traceable. Maybe that's an exaggerated way of summarizing it, but that's the reality.

[dekafee79]

Cryptocurrency for me is the best option for people who are looking for something to invest into that might possibly gave financial freedom which fiat is lacking. And you are correct people should atleast invest time to study the basics of crypto before jumping in so that things will go smoothly without having any issues.

I agree with you, crypto is the best currency to invest in making us have potential freedom. Crypto technology will dominate in the future, many people predict it will happen. and for us we must be able to take advantage of the moment, buy and hold until the bullish season occurs to make a profit.

[Etranger]

Of course, fiat is provided by the government, it is its brainchild. And it is clear that governments will not refuse it, because the entire economy of the country is tied to it. Personally, I do not think that cryptocurrency should become a means of payment on par with fiat. Cryptocurrency develops and flourishes due to its niche nature, because it does not duplicate the properties of fiat, but solves those problematic points that fiat is not able to close.

I agree with almost everything you said. The problem for governments and the rich and powerful is that they feel threatened by cryptocurrencies and the freedoms they offer, that is why they can "offer a certain freedom of movement", but never equate it with fiat money. The most recent proof is the attacks and bans on mixers and services that offer more anonymity to users.

They "allow" us to use cryptocurrencies but as long as they are easily traceable. Maybe that's an exaggerated way of summarizing it, but that's the reality.

I would only add here that this "tracking" condition of theirs has not yet been fully implemented. There are not enough resources to track cryptocurrencies, especially in countries with weak economies. Therefore, regulation and control are delayed horror stories that do not yet have much impact yet on the life of an ordinary crypto-lover. But this time should be used to prepare for the fact that in the future such control will undoubtedly be established.

[Freemind]

I would only add here that this "tracking" condition of theirs has not yet been fully implemented. There are not enough resources to track cryptocurrencies, especially in countries with weak economies. Therefore, regulation and control are delayed horror stories that do not yet have much impact yet on the life of an ordinary crypto-lover. But this time should be used to prepare for the fact that in the future such control will undoubtedly be established.

It's a matter of time. And I agree with what you say, but in addition to countries with weak economies, they also have very marked impediments and limits with countries that are not “friends” in matters of foreign policy. Especially the United States, where they cannot close, for example, a website (of a mixer supposedly used by North Korean hackers) and many other examples. As time goes by, the resources you mention will undoubtedly expand to try to have greater control, but always leaving "normal" users who already know who they are and what they do.

[Etranger]

I would only add here that this "tracking" condition of theirs has not yet been fully implemented. There are not enough resources to track cryptocurrencies, especially in countries with weak economies. Therefore, regulation and control are delayed horror stories that do not yet have much impact yet on the life of an ordinary crypto-lover. But this time should be used to prepare for the fact that in the future such control will undoubtedly be established.

It's a matter of time. And I agree with what you say, but in addition to countries with weak economies, they also have very marked impediments and limits with countries that are not “friends” in matters of foreign policy. Especially the United States, where they cannot close, for example, a website (of a mixer supposedly used by North Korean hackers) and many other examples. As time goes by, the resources you mention will undoubtedly expand to try to have greater control, but always leaving "normal" users who already know who they are and what they do.

Yes, in countries with a weak economy, in fact, there are many more opportunities than in developed countries. Because there are simply not enough resources to control all industries. And there are many "loopholes", gray areas in which spheres are developing that are not yet clearly outlined by law. However, just in parallel with the opportunities, this also carries huge risks, because the activity is not protected in any way and at any moment it can be attacked and taken away from the owner.

[Jamal Aezaz]

I agree with you, crypto is the best currency to invest in making us have potential freedom. Crypto technology will dominate in the future, many people predict it will happen. and for us we must be able to take advantage of the moment, buy and hold until the bullish season occurs to make a profit.

Crypto is giving us freedom because nobody can alter the price of its coins as it gets changed due to some news, events as well as demand and supply so if these things are positive then the worth will be higher but if these are negative then value will be going down.

Crypto is already dominated but some of the people are not a part of its investment because they cannot afford it or maybe they are living in that area where there is no access to the internet so one day the majority of people will invest in crypto and the time is not so far. Those who know about it are taking advantage of both bear and bull season and many have made good revenue from elevated costs in the past days or months.

[Freemind]

Yes, in countries with a weak economy, in fact, there are many more opportunities than in developed countries. Because there are simply not enough resources to control all industries. And there are many "loopholes", gray areas in which spheres are developing that are not yet clearly outlined by law. However, just in parallel with the opportunities, this also carries huge risks, because the activity is not protected in any way and at any moment it can be attacked and taken away from the owner.

It is true, but we must keep in mind that in countries with developed economies not everything is as perfect as it seems. Legal support can be slow or a direct waste of time and resources, so they do not guarantee anything 100%. At the end of the day, the best “defenders” are ourselves when making investments. The rest can become a madness of bureaucracy, paperwork, lawyers and waste of time and money. I have always thought that with patience and knowledge about the industry we will always have less chance of making mistakes, but that doesn't work 100% logically either.

[yohananaomi]

I would only add here that this "tracking" condition of theirs has not yet been fully implemented. There are not enough resources to track cryptocurrencies, especially in countries with weak economies. Therefore, regulation and control are delayed horror stories that do not yet have much impact yet on the life of an ordinary crypto-lover. But this time should be used to prepare for the fact that in the future such control will undoubtedly be established.

It's a matter of time. And I agree with what you say, but in addition to countries with weak economies, they also have very marked impediments and limits with countries that are not “friends” in matters of foreign policy. Especially the United States, where they cannot close, for example, a website (of a mixer supposedly used by North Korean hackers) and many other examples. As time goes by, the resources you mention will undoubtedly expand to try to have greater control, but always leaving "normal" users who already know who they are and what they do.

Yes, in countries with a weak economy, in fact, there are many more opportunities than in developed countries. Because there are simply not enough resources to control all industries. And there are many "loopholes", gray areas in which spheres are developing that are not yet clearly outlined by law. However, just in parallel with the opportunities, this also carries huge risks, because the activity is not protected in any way and at any moment it can be attacked and taken away from the owner.

It seems that not only countries with weak economies, sometimes developing countries are also often found, and it is not strange anymore, Where human resources are indeed very lacking and there will always be loopholes for something to be done that violates the rules and sometimes the state apparatus itself does that. Agree that, in the end, the protection that should be obtained is not necessarily fulfilled, so that at any time, as you said, it can be taken from its owner and cannot get protection.

[Freemind]

It seems that not only countries with weak economies, sometimes developing countries are also often found, and it is not strange anymore, Where human resources are indeed very lacking and there will always be loopholes for something to be done that violates the rules and sometimes the state apparatus itself does that. Agree that, in the end, the protection that should be obtained is not necessarily fulfilled, so that at any time, as you said, it can be taken from its owner and cannot get protection.

I think it is a mistake to entrust our total protection as investors to the State, regardless of the country in which we live. The process is long, complicated and in most cases very expensive, in addition to differences between countries in regulations and protection against scams. It all depends on our knowledge and the luck we have, although according to science, luck does not exist.

[MUGNIA]

It seems that not only countries with weak economies, sometimes developing countries are also often found, and it is not strange anymore, Where human resources are indeed very lacking and there will always be loopholes for something to be done that violates the rules and sometimes the state apparatus itself does that. Agree that, in the end, the protection that should be obtained is not necessarily fulfilled, so that at any time, as you said, it can be taken from its owner and cannot get protection.

I think it is a mistake to entrust our total protection as investors to the State, regardless of the country in which we live. The process is long, complicated and in most cases very expensive, in addition to differences between countries in regulations and protection against scams. It all depends on our knowledge and the luck we have, although according to science, luck does not exist.

true, we should not ask for full protection because the government is very bad with its policies,
the problem of luck is true, you said there is no philosophy, but everyone believes in the existence of luck in ourselves,

[MrSpasybo]

true, we should not ask for full protection because the government is very bad with its policies,
the problem of luck is true, you said there is no philosophy, but everyone believes in the existence of luck in ourselves,

I think this only happens in countries that haven't legalized crypto and investors are forced to protect themselves from hackers in the crypto market. We're heading towards the possibility of crypto being officially recognized and regulated by governments globally, which could boost the development of the entire crypto market.

With positive moves from the US, especially during the current election campaign, we can hope that crypto will become a new legal asset class in the world's largest economy, then trigger a wave of crypto adoption globally and open a new era in the crypto history.

[nakmantu99]

true, we should not ask for full protection because the government is very bad with its policies,
the problem of luck is true, you said there is no philosophy, but everyone believes in the existence of luck in ourselves,

I think this only happens in countries that haven't legalized crypto and investors are forced to protect themselves from hackers in the crypto market. We're heading towards the possibility of crypto being officially recognized and regulated by governments globally, which could boost the development of the entire crypto market.

With positive moves from the US, especially during the current election campaign, we can hope that crypto will become a new legal asset class in the world's largest economy, then trigger a wave of crypto adoption globally and open a new era in the crypto history.

Hopefully Trump's promises during the election can be realized when he wins the election. For countries that have not yet legalized crypto, crypto investors must be careful in safeguarding and protecting their assets.

[Baofeng]

true, we should not ask for full protection because the government is very bad with its policies,
the problem of luck is true, you said there is no philosophy, but everyone believes in the existence of luck in ourselves,

I think this only happens in countries that haven't legalized crypto and investors are forced to protect themselves from hackers in the crypto market. We're heading towards the possibility of crypto being officially recognized and regulated by governments globally, which could boost the development of the entire crypto market.

With positive moves from the US, especially during the current election campaign, we can hope that crypto will become a new legal asset class in the world's largest economy, then trigger a wave of crypto adoption globally and open a new era in the crypto history.

Hopefully Trump's promises during the election can be realized when he wins the election. For countries that have not yet legalized crypto, crypto investors must be careful in safeguarding and protecting their assets.

There are a lot of nations that are in the gray area and so they won't be affected legally unless suddenly their government turn their backs on crypto and made a U-turn.

As for the election in the USA, Trump already made a head way that he will be supporting Bitcoin and the rest of the crypto. But so far according to some polls, Kamala Harris is leading and so we won't really know the state of crypto in the US unless Trump wins as we all know that Kamala and his political party are anti-crypto to say the least.

[doc]

There are a lot of nations that are in the gray area and so they won't be affected legally unless suddenly their government turn their backs on crypto and made a U-turn.

As for the election in the USA, Trump already made a head way that he will be supporting Bitcoin and the rest of the crypto. But so far according to some polls, Kamala Harris is leading and so we won't really know the state of crypto in the US unless Trump wins as we all know that Kamala and his political party are anti-crypto to say the least.

If kamala harris wins while she is anti-crypto, then this will have an impact on crypto. but we have experienced several negative news and bitcoin was initially rejected in many countries, but bitcoin is still surviving until now. so let's just wait, if I hope Trump will win and have a positive impact on crypto because we know Trump is a supporter of bitcoin and crypto.

[pieppiep]

There are a lot of nations that are in the gray area and so they won't be affected legally unless suddenly their government turn their backs on crypto and made a U-turn.

As for the election in the USA, Trump already made a head way that he will be supporting Bitcoin and the rest of the crypto. But so far according to some polls, Kamala Harris is leading and so we won't really know the state of crypto in the US unless Trump wins as we all know that Kamala and his political party are anti-crypto to say the least.

If kamala harris wins while she is anti-crypto, then this will have an impact on crypto. but we have experienced several negative news and bitcoin was initially rejected in many countries, but bitcoin is still surviving until now. so let's just wait, if I hope Trump will win and have a positive impact on crypto because we know Trump is a supporter of bitcoin and crypto.

Exactly, the negative impact on cryptocurrency may be a price drop and what is worse is that Kamala Harris has the opportunity to review the acceptance of cryptocurrency in her country. Trump is likely to be the winner in the ongoing presidential election process. Trump has various policies that are strongly supported by the American people.