I still can't believe that there are people in the "buy gold and silver!" crowd who buy into a digital currency that they've been told can't be controlled with zero logic to understand that if you can't exchange it for goods or use it to pay your bills, it has zero value.
Yeah, they skyrocketed Bitcoin on purpose to get the normies to think it was a great investment option. Then they scammed as many people as they could into different cryptos. We were given a Bit-dime when it was all kind of new and cashed out at $9k a few years ago. And all I could think was "What bullshit" with the hoops you have to go through to cash out. I think it took 24 hours of some techie stuff my husband dealt with. Would never invest in that.
Exchanges are fairly easy now, but the fact that exchanges are necessary to exchange for goods means that world governments simply have to stop the exchanges.
Money is already regulated, why people think that exchanges are untouchable even legally is beyond me.
Government is simply slow to catch up.. it doesn't mean they won't do so.
I still can't believe that there are people in the "buy gold and silver!" crowd who buy into a digital currency that they've been told can't be controlled with zero logic to understand that if you can't exchange it for goods or use it to pay your bills, it has zero value.
Yeah, they skyrocketed Bitcoin on purpose to get the normies to think it was a great investment option. Then they scammed as many people as they could into different cryptos. We were given a Bit-dime when it was all kind of new and cashed out at $9k a few years ago. And all I could think was "What bullshit" with the hoops you have to go through to cash out. I think it took 24 hours of some techie stuff my husband dealt with. Would never invest in that.
Exchanges are fairly easy now, but the fact that exchanges are necessary to exchange for goods means that world governments simply have to stop the exchanges.
Money is already regulated, why people think that exchanges are untouchable even legally is beyond me.
Government is simply slow to catch up.. it doesn't mean they won't do so.
Exchanges aren't necessary
So how do you obtain goods with it, exactly?
How do you pay bills?
Outlaw exchanges, come down harshly on crypto; who accepts crypto?
You can't pay bills, you can't purchase goods, you can't turn it into anything.
Exchanges are the only reason crypto is working for the moment.
They real ones don't touch crypto with your dick