A Call for Greater Regulation of Digital Currencies

Discussion in 'privacy general' started by ronjor, Nov 21, 2017.

  1. ronjor

    ronjor Global Moderator

    Joined:
    Jul 21, 2003
    Posts:
    61,563
    Location:
    Texas
    Kelly Sheridan 11/21/2017
     
  2. Palancar

    Palancar Registered Member

    Joined:
    Oct 26, 2011
    Posts:
    1,867
    They just can't let go. I do recognize how some anonymity can be misused, but its the same with cash. We have taken a long road setting up a way to move funds outside of regulation. That is the whole point of this technology. Some of the coin "types" are purely and fully anonymous in the hands of an experienced user. By existing outside of regulation the UPside is that no world Gov can step in and take control. In the countries with the worst economic stability BTC is soaring beyond reason. Its because citizens there don't trust anything about their currency or Gov to be stable. While a coin is around 8500 US dollars in some countries its close to twice as high after conversion of funds. Nobody in those countries wants their Gov to even have a piece of control, which is why they are all leaving their fiat for what they perceive to be a worldwide currency ----- > BTC.
     
Loading...