Topic: G20 Regulations not a good thing. - page 2. (Read 443 times)

Most of the things you have said are on protection as I see. The major aim of governance is protection. The government would try to do such if they are convinced to, if they feel the large percentage of the popular will be safe on it. Thus, they lead some policies which might not be favourable to some few and the best option is to leave the country where you think will better your living.

yea go ahead and delete things admin but you know I'm right. It'll be worse to come than that. There will be no good to come of this type of premise for a ponopticon. You can skirt around it and give face and mouth to the SEC and CFTC, but they are threatening the censorship resistence and immutability of bitcoin with these proposals.

Not everything is set in stone yet because the last news I have seen is the G20 is talking about regulation in terms of protection of the users itself and that includes a license requirement for any crypto related business in the industry as well as an enforced KYC for all the users. The G20 is more focus on the protection of the crypto-assets itself since it has been one of the most targeted assets by criminals around the world and they are only concerned for their own citizens' money. They are more focus on regulation now since a lot of the countries part in the G20 don't even have a legal framework to begin with.

The FinCen guide lines are a trick and trojan horse. They are trying to push a cashless system onto a p2p cash system. They are so draconian multiple atendees to the convention told them the technology does not even exist.

You have to understand first of all how bad the laws in America are for American traders and crypto economy. They have made it nearly impossible for an American to be profitble. They knee capped our exchanges, our businesses, took away access to ICO's, got us banned from bitmex and deribit, and all leverage exchanges. It is not in an American's interest to trade as a resident of the united states or invest as a resident of the united states. I'm actually working on getting a Portugeuse visa and a international business company as a legal foreign entity to circumvent all of this.

They are trying to institute what will allow them to circumvent Crypto's immutability and protection from censorship. America is a tyrant in the finance world that keeps the global south and global poor barred out and bullied out of the payment system,.  That is why bitcoin exists, that is why even the EU want's to replace swift. That is why FinCen repeatedly get's America listed on the same list as North Korea and Iran. Try to open a brokerage account overseas or a bank account as an American without a million dollars. You can't.

They are going to break this industry if you all do not start lobbying your congress men and demanding that they be brought to heel.