If you are active in crypto trading, holding etc. Then you will undoubtedly have noticed that the "crackdowns" are expanding and the exchanges are following suit very quickly. "Traveler", a company that detects address-to-address verification, making sure where you send your asset, is part of a system that is approved by the TRISA directory. Crypto.com and Binance are currently using this shit, meaning others will follow suit.
The more crypto enters the retail and industry markets, the more they are finding ways to ensure they can track your transactions, assets and value.
I really disagree with this sentiment.. I think it was basically created by white hats (the NSA) in order to return complete freedom back to people that want it. It would never have been architected the way it was (with multiple competing cryptos) if it was created by the deep state. The best thing the deep state can do now is to attempt to convince people they control it.. but they don't.. and they're already on the wrong end of a badly placed bet anyway. They took out huge short positions on the 'coordinated pandemic crisis' and never planned for an actually resilient economy that will function no matter what. They thought they could collapse the economy.. but they can only collapse specific things.. Once their actual position is realized by the market, they will have no say - because those that are bankrupt have no say in the market direction.
In order to diversify, invest in things that they tell you not to invest in... stable stocks and risky stocks.. Bitcoin and complete joke cryptos.. precious metal and Gamestock.. and even stocks they approve like Faang (if you feel so inclined).
My problem with crypto is that it’s very easy to manipulate using stable coins.
There are coins out there with no mining limits, and nobody can stop a bad actor mining millions in a stable coin without anybody knowing.
You can then use your “worthless” stablecoin buying up BTC or other cryptos, and crash it later at your own willing. Rinse and repeat at no cost, you’ll actually earn some “real” USD by selling BTC.
Crypto’s might’ve been a white hat idea, but it’s very easy to manipulate by black hats.
Saw my first crypto commercial with Matt Damon on Swedish TV yesterday, a huuughe red flag.