Hello @jackramsey. Thank you for your input. Lots of good information here.
I took particular interest in your comment, "What I like with blockchain and cryptocurrency is the term decentralized digital currency where the value of your money or the buying power of money should not be affected by the decisions of other countries and governments officials because of what they are doing with their economy." I think this was the original goal, but as things have matured, reality may be somewhat different. The reason I say that is that many cases, cryptocurrencies are tied to fiat. And even though they can and do move separately from time to time, there is a growing synergy between the two that we may not overcome in the long run.
All that said, today there are people in dire situations that are utilizing cryptocurrencies to circumvent bad situations, some of which originate in their government. I applaud this and hope that this benefit continues. Time will tell.
Hope to see you around again @jackramsey.
Great to hear from you,
Very interesting to read various comments and concerns about this topic.
I agree that the community of people using cryptocurrency is maturing.
Most exchanges are already trying their best to satisfy the requirements and regulations of the powerful.
I still believe that with the power of the internet such as the algorithm and the blockchain technology itself, a little tweak every now and then should do the trick.
For those who have nothing to hide there really is no worries.
Enjoyed reading, learning, and interacting.
Regards
Thank you for the additional input!