Title should be: "Governments want to rule over Us"
Too bad they can't control cryptocoins nor can they enforce taxation.
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Title should be: "Governments want to rule over Us"
Too bad they can't control cryptocoins nor can they enforce taxation.
Sadly if they regulate the exchanges, and most are regulated already they can then have a great deal of control over Bitcoin as they can shut accounts down, prevent spending from certain accounts, Prevent you from cashing out and basically do whatever they want. It seems a lot of people store their Bitcoin and other cryptos on exchanges instead of using a cold storage wallet which puts them at the mercy of the exchanges and who ever regulates them, which seems to be the governments.