Great Awakening needs to hear this… because THIS is CRUCIAL to the GREAT AWAKENING!
(media.greatawakening.win)
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There is some dollar value that is going to require validation of the entire chain. I assume we can agree on that. My position is that that value can and will fluctuate with the geopolitical situation. Given that it has no physical manifestation, it's value can easily be made 0.
With geopolitical or just local policies, yes. I stated that above in which governments can deem it worthless overnight.
I disagree. Crypto prices have never been dictated by governments. The most they can do is attempt to prevent trades between crypto and legacy assets and create friction for users by adding regulations and "security".
And in effect that would bring insane volatility to its price, right? Governments wouldn’t dictate the price, they dictate legal currencies. That hammer hasnt dropped, but could. It also can go the other way, i believe arizona is recognizing it as a valid/legal currency
Crypto will survive with or without governments. In effect the crypto space already has a defacto governance system. No one asked governments to get involved in crypto they are just trying to figure out how to keep a handle on it.