Topic: Governments planning a Crypto Crackdown? - page 5. (Read 605 times)
Quick tip: expect government crackdowns in different shapes and forms; hence, probably expect this to be a bumpy ride(though you probably already know this by now). If negative news gets you worried, probably decrease your BTC allocation a bit.
Currently or in the long term?
Bitcoin has proven its ability to move despite all the restrictions that have been imposed or may be imposed on it, and therefore I will not be worried unless there is a global consensus to adopt strict laws or ban Bitcoin, which is something I do not expect to happen due to the difficulty of most countries of the world agreeing on something related to money.
Therefore, there may be a direct effect in the short and medium term, but it will not affect the long term.
Bitcoin has proven its ability to move despite all the restrictions that have been imposed or may be imposed on it, and therefore I will not be worried unless there is a global consensus to adopt strict laws or ban Bitcoin, which is something I do not expect to happen due to the difficulty of most countries of the world agreeing on something related to money.
Therefore, there may be a direct effect in the short and medium term, but it will not affect the long term.
Personally, I wouldn't worry, because they often use this as a stepping stone to fake crypto market conditions, but from a financial perspective, of course, we should be able to follow what the United States is doing with crypto values? while some information that the United States is preparing to withdraw the dollar from circulation until the middle of 2022. This has led to speculators that the big impact will be on the decline in prices during the face of a bear market.
Back to the issue of a crackdown on crypto? Is it possible for crypto flows to be blocked / I don't think it will work, in fact crypto flows are increasingly unstoppable, even the role of the government will ultimately follow how the blockchain implementation system helps them in solving problems in managing modern financial management.
Back to the issue of a crackdown on crypto? Is it possible for crypto flows to be blocked / I don't think it will work, in fact crypto flows are increasingly unstoppable, even the role of the government will ultimately follow how the blockchain implementation system helps them in solving problems in managing modern financial management.
Recently, many governments have been showing increasing animosity against Cryptos. While the US is preparing to launch a Blockchain surveillance plan, other countries such as Sweeden are showing signs of moving towards a crypto crackdown by criminalising mining.
Should we be worried about this?
Should we be worried about this?
Jump to: