World major economies are trying everything in their power to regulate cryptocurrencies through crypto exchanges because of one thing: Tax money! The issue, however, is that if a top exchange do not comply with implementing KYC (know your customer) policies then they run the risk of being banned or even arrested for illegal activities.
The good thing , however, is that we are living in a global world and thus there are many other options to proceed (if you open your eyes and ears you can move your business to a more crypto friendly country) and thus cryptocurrencies can indeed help us get some freedom from governmental cruel taxation policies and banks exploitations-here are some few points:
**Stay anonymous: **There is no need for you to expose your identity when you are dealing with cryptocurrencies (bitcoin, steem, ethereum et al) or at even steemit platform. In fact , you can blog freely and make a lot of money on steemit even when you are anonymous and thus preying eyes will not know your true identity unless you expose it yourself. The reason is that blockchain technology (bitcoin) main aim is freedom (also safety)of transaction . Moreover, you can keep your steemit account safe and use it plus other safe exchanges as your bank including signing up for a crypto debit card platform for future fiat to crypto exchange (see www.elyte.tech and join their whitelist).
Free Savings and transactions: unlike banks , steemit, for example, provides members with the ability to save their steem or steem dollards at no cost-including fast sending and receiving the said crypto´s (faster than bitcoin and ethereum combined ie in processing transactions) . Moreover, many innovative members of the steem ecosystem are creating online shops, joint venture deals and innovative ways of exchange which are all free from taxation, transaction costs –including being safe and fast.
Conclusion: Cryptocurrencies are indeed our best strategy to reduce the excessive exploitations from central governments, banks and big tech firms in our lives. The only thing we have to do is to support blockchain technology growth, embrace it and peacefully work against those who want to destroy all with their constant fud and fake news. Remember that true freedom comes when many great people unite , embrace and work together towards change.
Do not forget to join www.elyte.tech whitelist and their telegram group-see link below.
Do you agree? send in your comments, resteem and upvote in order to send in your support.
Click here and read my former post: Bitcoin, Steem, EOS , Ethereum et al : Cryptocurrencies are Taking over Our World via Peaceful revolution
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i believe crypto will make live much better
Unity is indeed the key for our crypto success and yes I am already seeing some financial freedom due to cheap transactions on steemit, earning something unlike Facebook or the banks and controlling my funds the way I want...good motivational post, 100% upped
Well analysed, thanks for your comment
I hope so! I can't wait to see it happen!
From your post i am understand
Cryptocurrencies are indeed our best strategy to reduce the excessive exploitations from central governments, banks and big tech firms in our lives. The only thing we have to do is to support blockchain technology growth, embrace it and peacefully work against those who want to destroy all with their constant fud and fake news. Remember that true freedom comes when many great people unite , embrace and work together towards change.
You have to indicate quote sign when you copy the whole sentence...however good point
Anonymity on Steemit is hard to achieve... I mean, you really don't have to dig very far to find out about some people on here, since we are induced to publish a photo and... to speak about ourselves. When I see some of the stuff I have published, I wish I had thought about it before because... the blockchain keeps everything right?
Yes I agree with you however some people do stay anonymous to the public except their friends
The introduction post we posted during our early days in the platform were not required but lots of us submitted to it for the reason of making connections and establish relationship in the community.
Yeah, and always useful to prove you are not some random bot...
But there are those who choose to remain unknown especially the rich :)
Cryptocurrenies are growing really fast. I suggest to save money here. Very easy to access!😀
Good point, I agree
In steem it does, but bitcoin perhaps. Steem is more prepared to the fact that it doesn't charge transaction fees.
Yes I agree...also no fees for holding and withdrawing your steem from savings account
Well said @charles1
What do you like about the post dearie?
Blockchain is the revolution and it will change everything.
Now you are free to do anything the way you want.
Happy to be alive in the great era! :)
Well analysed, thanks for your comment
amazing post,really cryptocurrency also get popularity day by day like a time machine.
Good point, I agree
Well there are many loopholes in the traditional financial sector. Really exited how cryptos develop.
Greetings from Berlin
@seelc
Good point, fingers crossed for cryptos. Danke and Greetings from Bavaria
your definately right .its about time we move to the blockchain.a world where money is easy to give and do whatever with it will change the world .it only takes people to beleive in it and then the sky is the limit
Point, I agree
I am already seeing some financial freedom due to cheap transactions on steemit, earning something unlike Facebook or the banks and controlling my funds the way I want...good motivational post, @charles1 dear
Inspired me a lot. Thank you!
What inspires you in the post?
The freedom encrypted in blockchain technology.
My country's national flag makes me wonder what this post is about :)
Can you elaborate?
You got a 10.07% upvote from @postpromoter courtesy of @charles1!
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Bunun için kripto paranın varlığı ve güvenliği uzun yıllara dayanmalı
English pls!
Its too early... i think the end everything is about money..
Can you elaborate?
taxes are just one reason crypto is a threat. the entire world runs on fiat currencies created by the central banks. they control the money. crypto is a huge threat because they're not holding the strings. sure, they can manipulate it to a certain extent like they do gold and the markets but they are not in control. they will continue to bash crypto and replace it with something 'safe'
I have always said about that, Bitcoin will do to the banks what the email did to the postal industry. We have decided to put our money and our faith in a mathematical structure that is free of human or political mistakes and I am sure that we did what It is a truly disruptive technology. This will change the equation of supply and demand for banking. It's that big. I am not at all surprised that bankers, financiers and Saudi princes are coming out against them.
Thanks for your great insides.
i don't understand about cryptocurrency but my some friends doing work on cryptocurrency.they have earn good money
Great post
excellent information
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