Is Crypto Genuine?

[PreshB]

I really wonder if cryptocurrency is genuine, many government against it and any thing that is not supported by government is an offense. So what should we say about crypto?

[Zed0X]

Cryptocurrency is real. Do not doubt that. Institutions who oppose the existence of crypto are probably afraid of the possibility that the system they were used (and giving them profits) to will be disrupted. Some governments are not really against it, they want it regulated.

[DeKingCrypto]

Yes cryptocurrency is 100% genuine, the government wants everything to be under their control and anything the cannot control, they automatically tag it with different names making those who used it to feel guilty.

[Abusadeeq6]

Is matter of time, very soon,, the government will recognized it.

[aloever]

The losers are ill-informed buyers caught up in the spiral of greed. The result is a massive transfer of wealth from ordinary families to internet promoters.

[tamango]

Financial institutions and governments are afraid of crypto most of time because they know that decentralization can really destroy the control they have on FIAT with monetary politics. Crypto is genuine and blockchain makes everything more transparent than FIAT

[MOProgress]

I really wonder if cryptocurrency is genuine, many government against it and any thing that is not supported by government is an offense. So what should we say about crypto?

I think the challenges the government is having with cryptocurrency is the decentralization whereby no one controls the coins. Government always want everything to be control by them. I believe the government will welcome it someday.

[Dynamite]

Yes it is genuine. In fact, it is just few years from 2019 and now we can see its massive effect to countries economic part and peoples financial status. Crypto open the door of earning while learning theory to reality.

[MOProgress]

I really wonder if cryptocurrency is genuine, many government against it and any thing that is not supported by government is an offense. So what should we say about crypto?

I will say boldly that cryptocurrency is genuine, I think the government wants to be in charge of everything and wants everyone to be under their control, so if anything that is not controlled by them is labelled scam.

[DeKingCrypto]

For me, I don't see cryptocurrency as illegal, the government can say whatever I don't care, afterwards many companies certified by government still defraud people.

[pedangrusak]

I see the right thing is genuine, because as long as I deal with crypro, it starts from mining, airdrop, bounty, and trading, it benefits me and finally I believe. if the government opposed it because they did not want the bank system they were eliminated because of crypto so they made various reasons to reduce crypto

[Gastonic]

Crypto is genuine. You know why the government hate crypto? its because they cannot impose tax on it. That is why they are finding ways to regulate it.

[Rituvohra01]

I think crypto is genuine. Actually government wants to control it. But unable to control it . So in many countries it is banned.

[Chomzzy]

Yes. Crypto is very genuine just like Fiat.
The only thing is that the low rate of cryptocurrency adoption in the society today makes it look like crypto is fake or something close.
Another thing is that many do not actually understand the basics about crypto so they term it scam or fake.

[trauchot]

Governments does not support cryptocurrency not because it can be genuine, but because governments cannot control dirty money that are constantly transferred using cryptocurrency.