If you think Uncle Sam cannot walk in and give everyone a raw fucking, think again. Before you spout your shit examples of "they couldn't stop people using pot" and "they couldn't stop piracy" you need to unfuck yourself and realise those are NOT like comparisons.
The ONLY thing giving crypto worth at this point is that you can cash out for a shitload more than you bought in with. You can't cash out without a bank or some financial institution. No one will trade crypto in person for any meaningful cash amount. All any government needs for crypto get BTFO is to prohibit domestic financial institutions from any business with crypto exchanges, audit everyone, and enforce it with ludicrous fines. You think banks give a rat's ass about crypto business if it brings heat on their operations? No, they don't.
Banks are not islands, they are companies made up of people who live under Uncle Sam's yoke the same as the rest of you assholes. They may be international but it will only take one significant market change to cause the entire institution to adopt that same stance.
Make your profits now but don't think this will last forever, as crypto only exists because the government doesn't care enough about crypto yet to shut it down, and because it thinks the market will implode itself first without any negative press from them. Then they can say "We told you so." They don't give a fuck about all the whales and the average Joe getting annihilated as the crypto market is contained and centralised and it's obliteration will have no effect on the wider economy.
They could have, but it's too big now. Satoshi isn't around for them to blame him for terrorism or pedophilia. They cannot simply do it without the whole world thinking they feel the threat. And people have been feeling powerless for years now, many will actively pursue crypto in pure rebellion. It'll be the civil rights movement of our time, the fight for liberty from unnecessary taxing and an ever-growing government.
Juan Mitchell
>38% of world population doesn't have a bank account >Worth is only based on 1st worlders cashing out
This one actually didn't activate my almonds.
Camden Price
yes, you're right. so everybody is cautiously waiting. fortunately the US is extremely pro business. we have trillions of dollars of tech monopolies for instance and the govt hasnt done shit about it.
Jacob Edwards
My children will laugh at the concept of paper money.
A simple cellphone can now let anyone perform international communication and banking for a meger fee and data connection.
It is not a matter of if we will all use crypto currency but when.
Isaiah Evans
>The ONLY thing giving crypto worth at this point is that you can cash out for a shitload more than you bought in with
> All any government needs for crypto get BTFO is to prohibit domestic financial institutions from any business with crypto exchanges, audit everyone, and enforce it with ludicrous fines
What gives crypto its value is that governments or people can't fuck with its supply and value, or at least, that's what the potential capability of crypto is. The value of this BUBBLE is because people can cash out for shitloads. Governments can destroy the latter by regulation but to actually destroy crypto, which there will always be a demand for, they'd need to go after people's freedoms with some heavy police stating.
Because people will always want a unit they can store their value in securely and still trade with (fiat isn't it).
Landon Lopez
once decentralized exchanges are the norm, it's over (it's already over)
if they make it illegal, this shit is going to fucking explode (it hasn't exploded yet)
Juan Ward
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