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Topic: Power to the people (Read 506 times)

full member
Activity: 630
Merit: 102
September 02, 2022, 04:23:14 AM
#68
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
If you assume that following government rules not to invest in unregulated projects like Bitcoin, I think that is wrong, Bitcoin cannot be regulated or controlled by anyone does not mean it should not be invested, the fact Bitcoin has many communities around the world that still hold Bitcoin Until now, Bitcoin seems to still exist and always provide benefits to all its communities from time to time.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
September 02, 2022, 01:27:19 AM
#67
I will still choose Bitcoin for Investment, because of the freedom from Bitcoin that is not bound by government rules, because this was Satoshi's goal from the start
Decentralized Bitcoin keeps the system under control and everyone agrees with that,
Governments are not going to give up without a fight, they understand that attacking bitcoin directly will not bring them any kind of success, but it is precisely because of this that they are going against specific people and businesses instead.

Decentralization makes bitcoin strong but any point of centralization is a weak point which can be used by the governments to try to put pressure into this ecosystem, and we have several examples of this, centralized exchanges are incredibly powerful and they manage a lot of money each day, however since they are centralized governments can very easily regulate them and  they have also found a way to regulate most of the users of this market even if indirectly, because if you want to sell your coins most likely you're going to do it in a centralized exchange, and you will have to go through whatever policies governments have decided to implement.
member
Activity: 790
Merit: 44
September 01, 2022, 09:55:24 PM
#66
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
The government has a purpose, they are tired of regulating Bitcoin, they must be aware, not everything can be regulated by the government, now we are thinking, who is more powerful, the government or satoshi.

What the government can do with Bitcoin, nothing, they can't do much about Bitcoin, don't they realize because Bitcoin everything else exists.
sr. member
Activity: 1274
Merit: 259
September 01, 2022, 09:25:03 PM
#65
I will still choose Bitcoin for Investment, because of the freedom from Bitcoin that is not bound by government rules, because this was Satoshi's goal from the start
Decentralized Bitcoin keeps the system under control and everyone agrees with that,
member
Activity: 392
Merit: 31
September 01, 2022, 06:48:26 PM
#64
indeed your question can make sense too, but in my opinion as a beginner in bitcoin and crypto, I think investing in bitcoin is actually safer because no one will control us, because bitcoin is our common property, namely the person who holds the bitcoin. so it will definitely be safer if we invest in bitcoin.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
July 06, 2022, 11:32:47 AM
#63
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen?
Are you sure that regulations or regulated crypto will be safer? is it really safe? Do they guarantee that the regulated crypto will be safer, not scams, or even will guarantee that the project will be rising p? In fact, no. The crypto market is not as easy as we think. It is about people around the world and about the trust in Bitcoin. Bitcoin is the first crypto, most people believe this because of this journey so far. This is different with the numerous altcoins that are created every day that will be probably heading to be shit coins.
Regulations have never been put in place to make this market safer, and what better example than what happened with icos back at 2017? Back then you could invest in icos without having to offer your personal information, however laws were passed against this and people were forced to give their personal information to those behind the icos.

What happened? Well not only people got scammed and lost their money now they lost their personal information as well and it was sold at the black markets, so regulation will not make this market safer and if anything it will make it more risky for the new investors.
staff
Activity: 2436
Merit: 2347
July 05, 2022, 03:19:17 PM
#62
I believe that the control of your money with crypto in the future will not be entirely complete, because governments will impose a tax on the use of it in all countries, as is already happening in some countries like the United States. But it's still better than trusting the traditional financial system.

My opinion is that there will be full control, but only when interacting with centralized services (the same exchanges). If you look at the current practice of crypto exchanges, there is a new wave of regulation, which implies KYC even when sending transaction to external wallets, as it was recently implemented on Dutch exchanges. Of course, this process is not fast, but it will take years and such regulation can become widespread.
hero member
Activity: 2100
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Leading Crypto Sports Betting & Casino Platform
July 05, 2022, 11:59:23 AM
#61
I believe that the control of your money with crypto in the future will not be entirely complete, because governments will impose a tax on the use of it in all countries, as is already happening in some countries like the United States. But it's still better than trusting the traditional financial system.
The point is not to make everyone rich. The point is to avoid making majority poor. That is the problem with our world, we have nearly 50% people living in unnecessary poverty, it is unnecessary because we do have enough funds to make sure they are not in poverty or at least not that many.

Instead of having 90% living in "poverty or barely living fine" levels combined, and only 1% super super wealthy and 0.01% living richer than 90% combined, we could literally have 10-20% living in poverty, 70% living decently and 10% living rich. Nobody and no company would be making hundreds of billions of dollars in profit, but nobody would die because they starved to death. I do not care if they do not work at all, NOBODY should starve to death.
jr. member
Activity: 840
Merit: 6
July 05, 2022, 07:33:50 AM
#60
The government like the status quo to remain unchanged. They don’t want everybody getting rich & having control of their own financial futures. It works for the government if everybody is in debt with loans, mortgages, credit cards. They don’t want you to be financially independent. They want you to rely on them, they like to earn huge interest % from money you borrow through them. Now is the time for you to change yours & your families future by taking control back, buy bitcoin & control your own money.
Well, I don't think it was possible at all for everyone to become rich, because there aren't enough resources for everyone. It has always been that way and is unlikely to change. Including, and with bitcoin. There are early investors with hundreds, thousands or even more than bitcoins, and there are those who have only 0.01-0.1 BTC. 21.000.000 BTC is already unevenly distributed and everyone can't become rich thanks to crypto.

But the control of the finances of citizens, this is the holy of holies for any government, and they will not give it up so easily. It is because of this that obstacles are created for the adoption of bitcoin around the world, such as the ban on mining in China.

I believe that the control of your money with crypto in the future will not be entirely complete, because governments will impose a tax on the use of it in all countries, as is already happening in some countries like the United States. But it's still better than trusting the traditional financial system.
This is a high brow discussion and a step above what I normally find on this forum. If I could upvote you and the comment you responded to I would. An argument that I would make is that they did allow a large number of people to get rich from the dot com bubble and similar events have occurred with housing bubbles. The issue, just like in crypto, is knowing when to take profits. I've been in this since 2017 and haven't taken any profits. I've used this entire time to accumulate XRP, ICP, and 0xMR. I think Q4 2022 is when the next bull run starts.
legendary
Activity: 1792
Merit: 1296
Crypto Casino and Sportsbook
July 05, 2022, 06:19:21 AM
#59
The government like the status quo to remain unchanged. They don’t want everybody getting rich & having control of their own financial futures. It works for the government if everybody is in debt with loans, mortgages, credit cards. They don’t want you to be financially independent. They want you to rely on them, they like to earn huge interest % from money you borrow through them. Now is the time for you to change yours & your families future by taking control back, buy bitcoin & control your own money.
Well, I don't think it was possible at all for everyone to become rich, because there aren't enough resources for everyone. It has always been that way and is unlikely to change. Including, and with bitcoin. There are early investors with hundreds, thousands or even more than bitcoins, and there are those who have only 0.01-0.1 BTC. 21.000.000 BTC is already unevenly distributed and everyone can't become rich thanks to crypto.

But the control of the finances of citizens, this is the holy of holies for any government, and they will not give it up so easily. It is because of this that obstacles are created for the adoption of bitcoin around the world, such as the ban on mining in China.

I believe that the control of your money with crypto in the future will not be entirely complete, because governments will impose a tax on the use of it in all countries, as is already happening in some countries like the United States. But it's still better than trusting the traditional financial system.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
July 05, 2022, 03:13:40 AM
#58
The government like the status quo to remain unchanged. They don’t want everybody getting rich & having control of their own financial futures. It works for the government if everybody is in debt with loans, mortgages, credit cards. They don’t want you to be financially independent. They want you to rely on them, they like to earn huge interest % from money you borrow through them. Now is the time for you to change yours & your families future by taking control back, buy bitcoin & control your own money.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
June 30, 2022, 06:26:13 PM
#57
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen?
Are you sure that regulations or regulated crypto will be safer? is it really safe? Do they guarantee that the regulated crypto will be safer, not scams, or even will guarantee that the project will be rising p? In fact, no. The crypto market is not as easy as we think. It is about people around the world and about the trust in Bitcoin. Bitcoin is the first crypto, most people believe this because of this journey so far. This is different with the numerous altcoins that are created every day that will be probably heading to be shit coins.
sr. member
Activity: 425
Merit: 252
June 30, 2022, 05:33:42 PM
#56
Regulation is good but it will affect so many things. For me I think decentralization and regulation. Working together in the full way won't work as intended and making profits won't be easy because alot of things will be uncovered.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
June 30, 2022, 12:08:13 PM
#55
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Anything can be regulated and that includes bitcoin, however how effective the regulation will be? That is the actual question, and I think that as long as there are people willing to fight for their privacy there will still be a sector of this market which will be impossible to regulate successfully, this has nothing to do with Satoshi as he has no control of bitcoin anymore, this has to do with the fact that bitcoin is in fact a decentralized currency.

A great deal of the projects we see in the market are in fact centralized, which means that if they do not comply the government then they will go for the owners of the project and even force them to change the rules of their networks, something not possible to do against bitcoin because even if they went against the developers and they changed the code the miners can reject the updates which are detrimental to bitcoin.
full member
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June 24, 2022, 10:40:31 AM
#54
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

I have no idea what you mean by that. There is no argument with your words. Everyone knows that cryptocurrency is not under anyone's control. You can't say it's over. Because thousands of people invest here. Everyone trusts it. Maybe there is a little risk, so no one is sitting, everyone is investing. And explain what you want to say. That would be good.
hero member
Activity: 2716
Merit: 552
June 24, 2022, 10:07:40 AM
#53
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

Its not that Satoshi is nowhere to be found that the government can't regulate Bitcoin, but it is how Bitcoin was designed to be decentralized. Government are trying to regulate it many times. The KYC would be the first step and crypto taxation.
But I don't think they can officially regulate Bitcoin. They can regulate it their own way to protect it's users, but would sacrifice the user's anonymity which I don't think everyone likes it.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
June 24, 2022, 09:50:55 AM
#52
Decentralization and regulation are conflicts with each other. Bitcoin is true Decentralization and it won't control by anyone. If the government wants to regulate, it may regulate centralized exchanges and wallets. This is something that should consider as crypto regulations. Otherwise, I don't see how the government will control non-custodial wallet transactions. It's not possible to find the address owner from the non-custodial wallet.

Indeed, decentralization means no regulator or center party. bitcoin should be decentralized, but seems like it has become centralized.
If we look at the bitcoin global hash rate mining, it centralized on mining pool which is not suppose to be.
But from year to year, bitcoin price is very sustainable and worth to buy.
hero member
Activity: 2072
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royalstarscasino.com
June 23, 2022, 06:26:57 PM
#51
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen?
Does it guarantee that a regulated crypto project will be safer? Safer from what? Scammers? or also from market fluctuation?
Well, every project has its risk that we must avoid and I will not be sure enough if this is called as a safer project even if they are regulated. As we know that many projects are failed (even the regulated projects), not only because of the lack of concept, funds, or teams but also because of their inability to survive during the bear market. And this will not be related to the regulation or not. However, many people here in the crypto industry also like something decentralized and not regulated, this is what differentiated it from the real business in the world which should be regulated under certain government institutions.

Bitcoin, here, is on another level this is the first crypto, that gains higher trust by the community, hold most crypto holders, have a high value. This is different with shit projects. exactly
sr. member
Activity: 2506
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June 23, 2022, 05:58:48 PM
#50
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Government has made their own rules to follow and we have also our own rules too that reflect how we do in the market. Let the regulation be the basis for pro government aspiring investors but for those who have seen the real worth of decentralized coins, the power to choose is within us as whatever our decision will always reflect its outcome. But one thing is certain, regulated projects do not prioritize us as it’s still subject for government full control, and that they should always get some portion of our profits which I think is unfair for us.
Well, all I can say is both regulated and unregulated crypto's are having pros and cons. People choose they allow to be use even if the government regulate it but in Bitcoin some of us choose it because of how easy it is to use than trusting your hard earned money to the government that would eventually be taken away from you if you made a some mistake. And when it comes to crypto, I think it's for investment only and not for choosing as a means of payment but of course, Bitcoin is different because it can be an investment and at the same time it can be use as a means of payment.
hero member
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June 23, 2022, 05:51:45 PM
#49
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Government has made their own rules to follow and we have also our own rules too that reflect how we do in the market. Let the regulation be the basis for pro government aspiring investors but for those who have seen the real worth of decentralized coins, the power to choose is within us as whatever our decision will always reflect its outcome. But one thing is certain, regulated projects do not prioritize us as it’s still subject for government full control, and that they should always get some portion of our profits which I think is unfair for us.
sr. member
Activity: 1610
Merit: 264
June 23, 2022, 05:14:52 PM
#48
~
I see that notice quite a lot when I was passing by some remittance centers (also count money laundering for that). It is just a typical regulation of government for their people.
I use wallets that require KYC and still to this day, it annoys me even if I am verified because they just keep bugging me that I need to update my ID or all those kinds of verification that they require.
One day I might end up just doing p2p instead.
legendary
Activity: 2534
Merit: 1338
June 17, 2022, 03:09:13 PM
#47
That's why I prefer the power given by Bitcoin because everything runs from a large community and market capitalists in Bitcoin continue to grow and investment in Bitcoin is still quite safe even without current strict regulations, but regulation of crypto is also very important because with the existence of With these regulations, we can invest in altcoin projects comfortably because the project is already regulated by regulations but until now the development of regulations has not been made by the SEC so that market conditions are still sluggish because they are still waiting for a decision to be given.
KYC is quite an annoying of a policy to be honest (sorry for the word). Being underneath something that is regulated does not even guarantee security since surely every regulated exchanges is still being maintained by either an amateur programmer or the opposite ones making it quite hard for someone to know if their money is safe or not.
Without a doubt KYC is a complete pain, governments use the excuse of terrorism or tax avoidance to force every single institution to force you to go through KYC policies, but that is a lie, they want to see how far they can push people around so their control over them is bigger and bigger, and unfortunately most people do not realize this and the few that do think that since they have nothing to hide then everything is fine, not realizing that whatever privacy they give up today it will never be returned by the governments.
jr. member
Activity: 52
Merit: 1
June 15, 2022, 12:42:22 AM
#46
Actually you need to study the complete history of the cryptocurrency.Cryptocurrency had the investors all over the world,it mean you can sell the coin.Even if the coin is banned in your country,because you can exchange to USD in any exchange and then to your Fiat at the needed time.Even now the project power was in the traders,specially the decentralised cryptocurrency.When the power with the traders,you can hold for longer period for the profit.
sr. member
Activity: 425
Merit: 252
June 14, 2022, 06:26:10 PM
#45
Regulation is already with us because we have several developments for exchanges to mandate kyc for all users, also project owners doing kyc to prove confidence and make dealings transparent is okay as well. decentralization needs to still be maintained and freedom as well. if crypto loses these two then its no more in line with what it used to be. so much work still needs to be done. for now everyone still has his/her power with them to choose and do whatever they feel like doing.
hero member
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DGbet.fun - Crypto Sportsbook
June 14, 2022, 06:09:41 PM
#44
That's the job of the government to regulate things and protect its people. That's why they're telling not to invest to unregistered investments and as well as cryptocurrencies.

They know that it's a mess for them if they don't do their job as they're part of the country's authority to help and educate the people about such investments.

And we as investors on this space, we should take accountability for our actions if our choices fail or we lose.
sr. member
Activity: 1610
Merit: 264
June 14, 2022, 05:14:29 PM
#43
That's why I prefer the power given by Bitcoin because everything runs from a large community and market capitalists in Bitcoin continue to grow and investment in Bitcoin is still quite safe even without current strict regulations, but regulation of crypto is also very important because with the existence of With these regulations, we can invest in altcoin projects comfortably because the project is already regulated by regulations but until now the development of regulations has not been made by the SEC so that market conditions are still sluggish because they are still waiting for a decision to be given.
KYC is quite an annoying of a policy to be honest (sorry for the word). Being underneath something that is regulated does not even guarantee security since surely every regulated exchanges is still being maintained by either an amateur programmer or the opposite ones making it quite hard for someone to know if their money is safe or not.
hero member
Activity: 2856
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June 14, 2022, 04:51:49 PM
#42
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Just expect that the government will never support you as long as projects remain to be decentralized and unregulated. Its always a threat for them. However, if you are focused and more determined to get successful with bitcoin, then never rely on others or any group for permission. The power is in you. You know how risky the crypto market is, but if you always invest in potential projects and in those that have high utility cases, the community's demand will always be there. And that makes the project, regardless if its decentralized, will always have higher chances to succeed.
legendary
Activity: 2394
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Signature space for rent
June 14, 2022, 02:12:17 PM
#41
Decentralization and regulation are conflicts with each other. Bitcoin is true Decentralization and it won't control by anyone. If the government wants to regulate, it may regulate centralized exchanges and wallets. This is something that should consider as crypto regulations. Otherwise, I don't see how the government will control non-custodial wallet transactions. It's not possible to find the address owner from the non-custodial wallet.
legendary
Activity: 2534
Merit: 1338
June 14, 2022, 01:20:12 PM
#40
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

Bitcoin itself is Decentralized but already find a way on regulating by targeting the exchange which the user use to trader there Bitcoin. Bitcoin is regulated technically in the US and other country that already have a law about regulating it. SEC will never control scam and other shady activity in Bitcoin since no one can predict on when it can happened. The only thing SEC can do is to sue them right after they commit the crime so we are still responsible for our own safety.
Bitcoin is decentralized as a away to avoid points of failure, as there were attempts in the past to create an independent currency from fiat and the governments eventually killed them and send the creators to jail, as such it is natural that governments concentrate on centralized exchanges as they are a huge point of failure for bitcoin, however now we have decentralized exchanges and even if they were to fail we have peer to peer trading, which is more than enough for those that want to buy small amounts of bitcoin.
hero member
Activity: 1722
Merit: 895
June 14, 2022, 01:13:11 AM
#39
That's why I prefer the power given by Bitcoin because everything runs from a large community and market capitalists in Bitcoin continue to grow and investment in Bitcoin is still quite safe even without current strict regulations, but regulation of crypto is also very important because with the existence of With these regulations, we can invest in altcoin projects comfortably because the project is already regulated by regulations but until now the development of regulations has not been made by the SEC so that market conditions are still sluggish because they are still waiting for a decision to be given.
To make regulations, there are many things that need to be considered, it will be increasingly difficult for large investors to grow investments here, because if these regulations are implemented, then financial freedom will be severely restricted, bitcoin experienced many problems at the beginning, but in the end bitcoin was able to reached the highest price compared to other coins, maybe if the regulation started a long time ago, then bitcoin is not as valuable as it is now, what are the advantages and disadvantages if the regulation is implemented
sr. member
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Merit: 262
June 13, 2022, 12:56:36 AM
#38
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
that's true and definitely on every exchange it is also written "all risks are borne by you" which means if we have entered the crypto world and then decided to put funds there be it for long-term investment or trading, all risk of loss or developer suddenly disappears 9 (not found) then we bear the risk ourselves, the government does not have any authority for that.
sr. member
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PredX - AI-Powered Prediction Market
June 12, 2022, 02:29:52 PM
#37
That's why I prefer the power given by Bitcoin because everything runs from a large community and market capitalists in Bitcoin continue to grow and investment in Bitcoin is still quite safe even without current strict regulations, but regulation of crypto is also very important because with the existence of With these regulations, we can invest in altcoin projects comfortably because the project is already regulated by regulations but until now the development of regulations has not been made by the SEC so that market conditions are still sluggish because they are still waiting for a decision to be given.
hero member
Activity: 1820
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June 12, 2022, 01:19:19 PM
#36
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant is found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

Bitcoin is one of the projects that was developed and succeeded without being regulated by anyone. We can say that the first digital currency trial was Bitcoin, and the test was successful. Then another crypto is developed, say Ethereum. All of these developers are well known even though the concept is decentralized. However, the Bitcoin concept is more adopted without promotion from the developer. If the government regulates new projects, of course, the concept is centralized, then it is likely that the project will have problems at any time.

Bitcoin and Ethereum have reached lots of achievements through the years without the help of the government so we don't need them to regulate good coins because that will only hinder our freedom. We'll only lose the sense of decentralization if that happens. As long as we're holding or investing with coins with great developers, we shouldn't feel bothered. If the government will regulate crypto, it will only cause conflict for lots of investors.
hero member
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Leading Crypto Sports Betting & Casino Platform
June 12, 2022, 01:13:19 PM
#35
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Who cares about regulations or government prohibitions to comply with these rules? We have the right to freedom in determining economic development. Even though it's under government regulation, the fact is Bitcoin can't be turned down just because it's banned. Bitcoin is not dictated to comply with government regulations, but Bitcoin can adjust when governments give a share of a country's financial changes if they wish.
full member
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Buzz App - Spin wheel, farm rewards
June 12, 2022, 01:04:28 PM
#34
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
what makes a lot of altcoins weak? that's because the owner is known so intervention from the government can easily affect the token/coin. for example, if strict rules are applied to binance and ethereum then I guarantee the price of both will drop but bitcoin is different, the government can't interfere with that. decentralization is amazing.
member
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June 12, 2022, 12:13:54 PM
#33
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
regulation is not to regulate price volatility, but rather to regulate the existing rules,
because the crime rate in the crypto world is much higher than what you know,
such as money laundering, terrorism, etc., so that's the importance of regulation
sr. member
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Enterapp Pre-Sale Live
June 12, 2022, 11:59:34 AM
#32
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

Bitcoin is one of the projects that was developed and succeeded without being regulated by anyone. We can say that the first digital currency trial was Bitcoin, and the test was successful. Then another crypto is developed, say Ethereum. All of these developers are well known even though the concept is decentralized. However, the Bitcoin concept is more adopted without promotion from the developer. If the government regulates new projects, of course the concept is centralized, then it is likely that the project will have problems at any time.
hero member
Activity: 1960
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Leading Crypto Sports Betting & Casino Platform
June 12, 2022, 11:12:13 AM
#31
Not all coins are altcoins, some are just scammed token in the market. One should only go for coins that are already listed on exchanges like Binance, Kucoin
There are many coins who have been listed on top exchanges and turn become scam coin e.g. DEFI, NFT, LUNA, UST etc and those token got unlisted by top exchanges. There's no guarantee all altcoins are safe if they have been listed on top exchanges.





Nothing is completely safe in the crypto market including bitcoin, investing in altcoins listed on top exchanges helps us to minimize risk as much as possible. Not all projects are listed on famous exchanges like binance, all have been carefully screened and selected. So buying coins on these exchanges will help us get rid of some shitcoins. Crypto is very risky, so when accepting investments, you also have to accept the risk.
legendary
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June 12, 2022, 10:20:39 AM
#30
I still appreciate Satoshi for remaining anonymous if not Government would have done their worst by enforcing to regulates Bitcoin.~
Even if Satoshi are still actively developing or known to the public, it doesn't mean that any authority could enforce whatever they want on the Bitcoin. Well, of course, they can force directly on the person or entity and the developers, but in the end, it's up to us--the community, especially those who are running Bitcoin nodes. For example, just because governments want to enforce POS on Bitcoin, and if they are forking the bitcoin codebase to do so, the government cannot force each individual to run that specific software.
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June 12, 2022, 03:13:02 AM
#29
I still appreciate Satoshi for remaining anonymous if not Government would have done their worst by enforcing to regulates Bitcoin. If looking for a project it's better you stay cling to Bitcoin before any other crypto asset out there as i know it won't be affected nor being regulated unlike on the cryptocurrencies which Government is try to have access by controlling them.
legendary
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June 12, 2022, 02:35:58 AM
#28
Not all coins are altcoins, some are just scammed token in the market. One should only go for coins that are already listed on exchanges like Binance, Kucoin
There are many coins who have been listed on top exchanges and turn become scam coin e.g. DEFI, NFT, LUNA, UST etc and those token got unlisted by top exchanges. There's no guarantee all altcoins are safe if they have been listed on top exchanges.

You can't blame governments for being wary of unregulated cryptocurrency projects, because they only want to protect citizens by warning them. Most people don't understand cryptocurrencies well enough, so they're not always aware of the risks they take. There's nothing wrong with governments being cautious
Bitcoin already proving as the most successful unregulated cryptocurrency and without a clear team behind the project. Most cryptocurrency created are centralized, that's why most of them failed since doesn't have any use case except cheap fees.

legendary
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June 12, 2022, 01:51:46 AM
#27
We should all invest in projects that are in complete control of the market.
What are you trying to imply? A single project cannot control the market other than bitcoin. That effectively rules out any altcoin.

Quote
There are many unregulated coins that are not market limited We will never invest in those projects again. Everyone should have the ability to understand such projects Those of us who invest and eat losses all of us invest in buying uncontrolled coins which is why we eat big losses.So I will tell everyone that all of us who are there will control all the coins that are controlled by the market.
All the coins out there are non-regulated and none are going to control the market on their own. All the altcoins that you wish to invest in will turn out scam one day, so that way you statement is justified that you should not invest in either of these altcoins.

But it is tough for a newbie and even veterans to understand the backing of a project. From the frontside, it all looks good but a critical economic thought process if necessary to justify investment - which is lacking in most of the users of this forum. If you dont want to go crazy over the outcomes, better to just invest in bitcoin when it drops.
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June 11, 2022, 01:47:50 PM
#26
We should all invest in projects that are in complete control of the market. There are many unregulated coins that are not market limited We will never invest in those projects again. Everyone should have the ability to understand such projects Those of us who invest and eat losses all of us invest in buying uncontrolled coins which is why we eat big losses.So I will tell everyone that all of us who are there will control all the coins that are controlled by the market.
Not all coins are altcoins, some are just scammed token in the market. One should only go for coins that are already listed on exchanges like Binance, Kucoin and By it, although there are several tokens that are on other exchanges. I prefer bagging coins that I'm familiar with and their road map is stated out publicly. Those who invest in coins that are not listed on top exchanges end up losing their funds because sometimes these projects failed in the nearest future.
sr. member
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June 11, 2022, 05:47:08 AM
#25
We should all invest in projects that are in complete control of the market. There are many unregulated coins that are not market limited We will never invest in those projects again. Everyone should have the ability to understand such projects Those of us who invest and eat losses all of us invest in buying uncontrolled coins which is why we eat big losses.So I will tell everyone that all of us who are there will control all the coins that are controlled by the market.
legendary
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June 11, 2022, 05:35:18 AM
#24
You can't blame governments for being wary of unregulated cryptocurrency projects, because they only want to protect citizens by warning them. Most people don't understand cryptocurrencies well enough, so they're not always aware of the risks they take. There's nothing wrong with governments being cautious
Correctly said, most of the people are at fault for investing in shitcoins and hype based schemes. I see not difference in the generations that came and went, all of them have the inherent risk taking notion and they all have to go in for such quick-rich schemes.

Governments have to make its people aware, so they are trying to do that through regulation in the future but even then if you dont get the wind of why the government is doing this and take it all to be a conspiracy scheme to make you poor then you are one being a brain-dead fool here.

Governments never stopped people from investing in bitcoin so do invest in it and stop investing in every memeshits out there. With the last few years charts it is very well evident that bitcoin will always be big and profitable.
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June 10, 2022, 05:19:58 PM
#23
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
You can have two options to chose, it's either you chose yourself or you follow what the government says. The crypto market has always been like this, and that the government has always been consistent on their judgement too. To be more safe, just invest in bitcoin. Its never regulated and that you can manipulate the outcome of your investments. And you have known already how successful it is despite of the government's contradictions.
legendary
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June 10, 2022, 04:58:57 PM
#22
You can't blame governments for being wary of unregulated cryptocurrency projects, because they only want to protect citizens by warning them. Most people don't understand cryptocurrencies well enough, so they're not always aware of the risks they take. There's nothing wrong with governments being cautious
sr. member
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June 10, 2022, 04:57:02 PM
#21
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
BTC can't be regulated for its design, and not because Satoshi is still not known as of this day.
Some government just wants to milk out the investments of some people that is why they do not want them to invest in "unregulated projects". Good thing that Bitcoin is not really banned worldwide, maybe to some other countries but not all.
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June 10, 2022, 04:46:10 PM
#20
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

I disagree with you, when theres outside regulation to the crypto currency world; then there is nothing like 'power to the people' instead, you hand over power back to the government to determine and decide for you what and when you can use your own crypto assets. The blockchain should remained decentralized with DAO embraced to give power back to the people
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June 10, 2022, 04:38:34 PM
#19
Because Bitcoin is decentralized, the ways we are trading Bitcoin may be controlled again by the government by regulating certain exchanges to do KYC and most centralized exchanges require it. However, the underlined thing about Bitcoin is that this is the first cryptocurrency, the most valued crypto in the world, has never been beaten, and has had high trust from all holders and investors for years. How can it be equated with shitcoins?
Even it is about the new projects that require KYC or even the centralized projects, will it guarantee that the project is legit? NO, big no
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June 10, 2022, 03:55:21 PM
#18
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
It's totally different for bitcoin. It was all about the decentralization that it has given to everyone but these days, it's important to know the people behind new projects because they are possible to run away. BTC has proven its worth and it has started all of this decentralization and anonymity. Whilst the new projects, even it is portraying anonymity, it's hard to put trust in it especially when most of the projects today are prone to rug pulling. Unless, these projects even with anonymous team are proving themselves but it's hard to see such projects these days.
jr. member
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June 10, 2022, 03:53:23 PM
#17
Yes you are right, the decision to give out your money to willing con artists is entirely up to you. Anyways, always do your own research, because ultimately it's still your money and not the government's
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June 10, 2022, 03:32:43 PM
#16
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen?

The government can't modify the blockchain transaction or stop the Bitcoin network.  Even with Satoshi missing,  the Bitcoin economy continues to bloom.  The only action the government can take is to implement KYC in the centralized institution that deals with cryptocurrency.  

I believe the power to choose which project to invest in will be given to the people.

It is actually the current status in terms of investment.  We are the ones who chose where to invest, how much we are going to invest, and when we are going to invest.  It does not need to be given because we already have it.


The warning from the government will be ' do not invest in unregulated projects '.

It is normal for the government to issue a warning against unregulated projects because many scams are done by this kind of project.  Aside from that, unregulated projects are kinda careless with their decisions that cause millions to billions of dollars lost to their investors.  You can see the recent event in LUNA as an example.
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June 10, 2022, 03:06:57 PM
#15
What makes you think bitcoin is not regulated? Just because its founder is anonymous? I think you confuse the concepts of regulation and decentralization. Bitcoin has been regulated for a long time by most countries, legislation and tax regulations are in place, licenses for exchanges are being introduced, exchanges are introducing KYC, and the SEC is keeping a close eye on big companies that invest in bitcoin. So I wouldn't say bitcoin is unregulated, it is one of the regulated projects in the crypto industry.
sr. member
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June 10, 2022, 02:15:16 PM
#14
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

Well as far as i know the main reason why Satoshi Nakamoto invented Bitcoin was to create a way of payment that is not controlled by countries or by federal banks. The promise and the goal of bitcoin was that everyone should be able to send payments anywhere or to receive payments from anywhere and that this can not be blocked or controlled by the authorities first before the payment goes through.
There are always rumors coming up about impending regulations for crypto currencies and what this might mean for the crypto market as a whole. Most of the time the news of such regulations have caused a drop in the prices of crypto currencies because people are stillt htinking that regulations would be a bad thing. I think we will see some form of regulation sooner or later.
legendary
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June 10, 2022, 02:05:08 PM
#13
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

They can't regulate the bitcoin blockchain network indeed but they can regulate the FIAT gates (exchanges) and that would effectively regulate bitcoin because almost everybody trade bitcoins against the dollar or dollar based stable coins. Since those coins are centralized, once they regulate the other side of the trades, bitcoin gets regulated automatically.

If you think you can purchase stuff without the services provided by the exchanges, then the government will regulate the merchants. Dead ends everywhere.
legendary
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June 10, 2022, 01:56:03 PM
#12
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Bitcoin is an entity which is separate from Satoshi in a similar way how if a person creates a company the company is an entity which is separate from the owner, and even if you were to sue the company you cannot touch the assets of the owner due to their independence from each other, now while the extent of the regulations that can be applied to bitcoin is limited due to its decentralized nature, regulating bitcoin is difficult but not outright impossible as we have seen many governments establishing regulations against bitcoin for years.
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June 10, 2022, 12:32:34 PM
#11
What point are you trying to make exactly, Bitcoin is decentralized and so are some altcoins, and these decentralized coins can be controlled and this is the original satoshi idea for creating Bitcoin to serve as a p2p payment method that is free from bank involvement, but centralized coins can easily be controlled and regulated.
sr. member
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June 10, 2022, 12:03:52 PM
#10
The warning from the government will be ' do not invest in unregulated projects '.

This is sounding like what they sing as song to blow away those who don't understand bitcoin or believe in themselves. As usual when they come up with such kind of threat the low IQ run off for sell and yet bitcoin still growing in awareness, adoption of a certain, the freedom keeps reaching to every corner of the world. It is what we keep hearing but the bitcoin atmosphere gets clearer with blockchain. Mostly they are doing that to protect their business which banks and financial institution represent.
sr. member
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June 10, 2022, 11:57:23 AM
#9
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Governments in all countries only give warnings to every citizen so as not to lose out with unregulated crypto projects and I think that is also very good for everyone because in every country there are still very many citizens who are not crypto savvy so heed the warnings from the government That's not a bad thing, I think, because the ones who come forward to stay abreast of crypto projects are those who understand the risks and only themselves who bear it when they experience losses.
Before joining the project of course everyone needs to be responsible for himself,
crypto is very risky and when someone suffers a loss due to fraud, of course the government has no right to take care of it,
That's why it's important to have such thorough preparations
learn knowledge and skills about crypto
legendary
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June 10, 2022, 11:39:23 AM
#8
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
That power is already on the people, nothing more to do here.

The government's words are not the basis here. Once there starts a regulation-unregulation division, the unregulated projects will go underground and still run rampantly taking money from people just like they used to pre-regulation in far future. At such times, the effect of scams will therefore be much more and also those giving huge profits.

So even if the projects get regulated the "Wild West" sort of projects will still remains - because humans love to take risks and this is a prime example.

If one wants to make money, they should just be in bitcoin, why even go into the realms of scams and shitcoins?
legendary
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June 10, 2022, 05:15:37 AM
#7
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found,
Why do you need to regulate bitcoin. You have exchange site that has become gateway for money to go in or out from the crypto market. The regulators are having better consideration rather than you. They are eyeing the gateway of money to enter into the crypto.

he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
The launch of new tokens can be fully regulated. All of centralized and decentralized platforms can comply with the regulation if it will be forced by the regulators. DEX and CEX are still being created by human. The regulators just need to forced human behind these platforms to make it happen.
hero member
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June 10, 2022, 04:45:04 AM
#6
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
Governments in all countries only give warnings to every citizen so as not to lose out with unregulated crypto projects and I think that is also very good for everyone because in every country there are still very many citizens who are not crypto savvy so heed the warnings from the government That's not a bad thing, I think, because the ones who come forward to stay abreast of crypto projects are those who understand the risks and only themselves who bear it when they experience losses.
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June 10, 2022, 04:15:52 AM
#5
Let's just say that worse comes to worse, I will abandoned all crypto coins and tokens for BTC only, the problem is we have many decentralised projects today but they don't stand their ground as a decentralised project, this is why people will always prefer BTC over many altcoins, when it comes to BTC the government is totally powerless.
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June 10, 2022, 03:03:37 AM
#4
I think the power to choose crypto will be ultimately given to the people, governments and authorities aren't that stupid to ignore that, they are very well in their own interest. Have you ever seen them supporting something with out the purpose of making a profit? That's right, never! I believe most people would feel better trusting a cryptocurrency that has been vetted by the government than one with no founder they can regulate.
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June 10, 2022, 02:39:45 AM
#3
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
If thats the case then stay with bitcoin. Cause no matter what government do they cant interrupt bitcoin since its decentralized and no one can intervene. Of course thats Satoshi's goal from the start. So no matter what they do and say they cant stop bitcoin since its a system made for everybody. They can apprehend other project since they are known but not btc.
hero member
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June 10, 2022, 01:36:07 AM
#2
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.

I really don't understand your question, bitcoin has been in the space for many years and authorities have been trying to regulate it. Haven't you heard of exchanges requiring their customers to follow mandated KYC for AML purposes?

That alone came from the directive of world governing bodies. And it has been discussed every year in G summit. So Satoshi Nakamato being anonymous doesn't affect bitcoin per se if this is what you are trying to come up.
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June 10, 2022, 01:31:34 AM
#1
When regulation comes many will feel safer with regulated crypto projects but BTC for example cant be regulated because the founder cant be found, he (Nakamoto) saw this coming all along so what's going to happen? I believe the power to choose which project to invest in will be given to the people. The warning from the government will be ' do not invest in unregulated projects '.
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