Topic: is crypto industry dangerous ? - page 54. (Read 5795 times)
I've definitely seen a noticeable increase in things banning crypto simply because the number of scam projects. As a guy who works for an exchange I can't tell you how many terrible and clever scams I've seen apply, there are far more out there than in the public eye.
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I think its not dangerous. Its more like of risky. Dangerous is something so harmful. Crypto is not harmful but its helpful. It does not ristrict anyone to invest and trade. Some may feel its dangerous due to being its digital based. Eventually we cannot deny the fact that we are going to a digital world market. The transitioning or acceptance stage is quite hard now and if someone or everyone think its dangerous would somehow means that they didn't adopt the digital transformation yet.
Certainly, crypto currency is dangerous for governments of different countries, because it is a very convenient way to transfer shadow funds that can not be traced, as well as paying for various services that are not subject to taxation. And the more often payments occur and more people use this variant of interaction, the more serious the state's loss.
Bro, crypto-currencies can be used in different ways, and to hide your illegal profits or launder money can be done in various ways (through the purchase of real estate, etc.). If correctly using crypto-currencies and technologies that are related to them, the progress and development of the country will increase, and this is already proved in practice.
Certainly, crypto currency is dangerous for governments of different countries, because it is a very convenient way to transfer shadow funds that can not be traced, as well as paying for various services that are not subject to taxation. And the more often payments occur and more people use this variant of interaction, the more serious the state's loss.
this is a huge financial turnover, which does not bring tax profits to the state. and what state wants to lose huge amounts of money? even in Russia, which is very far behind the rest of the world in the financial system think about how to allow cryptocurrency because it is a huge infusion into the budget.
Most likely because the decentralized system of crypto currency will violate the already established foundations of states.
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
Crypto is only really dangerous when it is used by criminals. Most criminals do not use cryptocurrency for malicious purposes, as the government often says
Because password prices themselves still fluctuate up and down, it is difficult to determine or more unstable.
In these circumstances, investors are beginning to see the cryptocurrency industry as a danger.
In these circumstances, investors are beginning to see the cryptocurrency industry as a danger.
It's not dangerous.its a little bit risky .Yeah for its voletile characteristics it could be little risky.And government banned crypto cause they don't have any regulated law.Every government working on that.And when they have that they will open the gate.And some don't cause they don't want to give the power to it's people.Its not a fault of crypto currency.And yes whenever it's based on demand and availablity so there is always a little bit risk.
It is dangerous only for the established foundations of the ruling sector. Due to the ease and availability, as well as the need for a regulatory body and the complete absence of taxes, cryptocurrency makes the most dangerous weapon in the fight against the government.
There are lots of pros and cons in the crypto industry make it dangerous but pleasing as well. Dealing in cryptocurrency is too risky because you are investing online so many people are getting afraid of scam and get rid-off so they feel uncomfortable and scared and this makes cryptocurrency industry dangerous to them.
Personally, I think the biggest drawback of cryptocurrency is that it can satisfy the use of illegal elements. In addition, the cryptocurrency is very great.
many people know that originally tried to use cryptocurrency as fraudulent money. many people bought weapons, drugs and other illegal things with them. now the crypto currency has become an investment, and before it was black money. many still fear that this money is anonymous
I believe that in bitcoin there is nothing at all dangerous. Some countries just want to get tax on cryptocurrencies and come up with different bans.
Crypto isn’t dangerous to the people that invest or hold it. There is always the possibility that something you bought drops in exchange price, but that’s just part of the ride. The danger I feel is to governments and banks, so there is always the risk that they try to ban crypto and shut it down as a way for people to make a living.
From my point of view, it labelled as dangerous and banned by goverment because they can't control it. It's about power, anonimity and uncertainty. Cryptocurrency does not have a single rate like fiat money, the rate can even change several times a day. And then because of the anonimity of the cryptocurrency, it's easier to used on black market. Money laundry, scams, deep web stuff, and even worse stuff that we couldn't imagine. Thats why Goverment see it as a threat, I guess.
The Crypto Exchange is one of the most profitable stock exchange sites. You need to make the right move at the right time to make money.
Every day many coins fall into the market. There will be coin storage in the future.
Every day many coins fall into the market. There will be coin storage in the future.
i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
Cryptocurrency is dangerous in a way that it is invasive. It may make a country's economic and financial system become unstable by disrupting normal fiat money operations. This is because it devalues their country's fiat money. People will likely invest in cryptocurrency instead of stocks and similar ventures.
it could be crypto to be dangerous because it is misused or used not properly. because crypto is digital, it is most likely to be abused, just as if a country legalized crypto, it may be used as an opportunity for irresponsible people such as buying drugs or other improper acts
It's not dangerous.its a little bit risky .Yeah for its voletile characteristics it could be little risky.And government banned crypto cause they don't have any regulated law.Every government working on that.And when they have that they will open the gate.And some don't cause they don't want to give the power to it's people.Its not a fault of crypto currency.And yes whenever it's based on demand and availablity so there is always a little bit risk.
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