Governments Continue To Try and Stifle Crypto
Now that bitcoin is traded for the most part on stock markets or at least to those types of investors. Any small indication of turmoil and they cut the cord. It's actually funny seeing people that yesterday called for a massive rally turning tail and now saying massive sell off on this or that crypto. It's laughable but also damaging.
Infrastructure Bill
Yep, the bill is back again as it now goes into the house or some crap like that. You know that bill where the government wants to charge it's people even more taxes as if they didn't have enough already.
Well last time the bill passed without any changes. Now we are in round two of hopefully making changes to the wording.
I wrote about this a long time ago it feels like months have passed since it was last brought up. That wording in the bill makes it so that anyone dealing in crypto has to report transactions. The issue. It's impossible for most if not all of these businesses to report them because of how crypto is not linked to a person and is anonymous.
This is the governments play now to try and regulate everything to the point where EVERYTHING is tracked.
You Lost Your Freedom Of Privacy
2001 was a horrible time, I lost friends that day and still remember where I was when it all happened as if it was yesterday. Most of that is out of the minds of many now or many that where not born yet.
That is the day we wrote off our freedom to privacy and the government began tracking and storing EVERYTHING and could search information on you and others just like a Google search without any type of warrant just free for all. That system is STILL in place to this day and crypto was invested to regain those freedoms.
Now those very freedoms are under attack again and sadly people are far to blind to see it or simply never knew a time when those freedoms existed.
The Next Big Investment
I firmly believe that next we will have a fully decentralized crypto and with it fully anonymous with privacy at it's core. There are some like this now which have taken off already such as Monero, Zcash, Dash, Horizon, Verge and Beam. This could be sold long term plays as governments continue to try and crack down and track everything you do.
What crypto are you looking towards? Privacy or the get rich quick pumps and dumps still?
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Investing in Crypto currency is the best thing you can do for yourself, because when the market bull you make enough money in your wallet especially when you leave it for years, you will get multiple income.
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