You are viewing a single comment's thread from:

RE: The Cryptocurrency Tug-O-War

in LeoFinance5 years ago

I recently had a chat with @rob23 where we spoke at length about some of the things you've written about here with Nigeria being a case study.

Like you said the powers that be will fight with everything they've got to maintain the status quo. To be frank I haven't seen much of a resistance. Most of what is been done are attempts to control the crypto sphere. It's happening with Bitcoin from the institutional front and crypto policies by the government. This I feel will fail in the long run. And that's largely due to tokenize anything (thanks to crypto). Ordinary people can create their money, start their community and build whatever they want. It is possible now. I don't know how that can be stopped.

Posted Using LeoFinance Beta

Sort:  

It is hard to stop when almost 5 billion people can create money.

How do you address all those people? Simply put, no government can.

Posted Using LeoFinance Beta