I agree the exchanges have become nothing but tools and Bitbay should be a top crypto - the developer is one of the honest ones out there. Too many people, including Qtum TARNished crypto and all the ICO bs. It was a better time when people with certain beliefs were the backbone of Crypto - now the bankers, the people who destroyed our economy, the ones who have tried to shut crypto down are the ones trying to take it over. Can you imagine the government telling people they are not allowed to barter? Does one pay taxes on Microsoft points they use to buy skins for their digital character? IRS sends out letters asking people to go back and redo their tax returns because there name was on some list coinbase gave them. WTF? how does one even start - do we take the losses from crooks like GAW mINERS? HOW DO YOU regulate something that has already passed and at the time the government never once said it was property?
? The gov should serve the people, not harm then for a few silver coins.
Qtum people knew it was a scam and invested anyways. This whole "funding X million in -10 seconds" is what has sped up this bubble as anticipated. Since if they fake the funding then they sell the coins on market and fund later. That is why I have always invested in projects
that have some sort of working software. Make them earn your dollars!
It is expected that governments and banks will go to control exchanges. After all, they usually focus on where the people physically go to make a profit. When they control that they influence the crowd and it's very hard to stop. I've always said if we want to change that system it's the media that needs to be decentralized even more-so than the money.
The government has never in history given a person a right they weren't already born with. Even hospitals and roads are run and built by people and would still exist without a government. Plus it's never a freedom to force others to serve us. Because to require a business to service you is to do so under threat of law and therefore threat of imprisonment/torture or death. It's sad that society has not moved beyond this barbaric idiocracy. However, this is why decentralization is important and even more so going off grid to gain ones independence from others. Especially since the foundation of trust was destroyed. This is why double deposit is important. The hard part is convincing people to use it when the majority of people lie to others in order to do business in the first place. Therefore all a government knows to do is steal god given liberties and freedoms. And the people have confused "laws" for morals. When in reality the law is almost always immoral and the punishments are a almost an unlimited amount of times more immoral than the law they are using to justify it.
Thus laws and morals are almost complete opposites and we live in a society that teaches kids to follow the law and not their hearts. Even though they instinctively want to do otherwise. When the law is unjust, the just thing to do is break it.
