These exchanges are being cracked down by government which means these are going bye bye and decentralized exchanges will be launching
You are viewing a single comment's thread from:
These exchanges are being cracked down by government which means these are going bye bye and decentralized exchanges will be launching
Good point. I believe many of the US-based exchanges are under covert pressure from the authorities. Did anyone notice how Bittrex decided to ban/KYC heavily accounts of users from many Islamic countries with no formal announcement? NOT by accident, I can assure you of that!
I know that should normally be a good thing, as I believe centralized anything, at least online, is probably never good. However, I wonder what will happen, if and when, the governments (especially the US) begin to feel that the cryptos are a threat to their failing (FAILED) fiat money system? Do you think they'll just try to outlaw the cryptos completely, in an effort to maintain their absolute control of power and most wealth? Since it won't be as easy as just shutting-down centralized exchanges.
I can still see this getting ugly. I look at cryptocurrency as one of the most important developments in the history of mankind, to liberate the masses. Maybe I'm just paranoid, but I just don't see those that have total control now, just giving up and admitting defeat.
I'd value anyone's opinion.
Thanks.
hi,Dear wellcom,Nice to read about you.
i am gohar from Pakistan,am also new on steemit and welcome you to steemit.
i have followed you.so can follow me & upvote .
Best of Luck!
thank you
I see you are new, so I wanted to lend you a bit of friendly advice. Don't ask people for upvotes, follows, and resteems. A lot of people will downvote you for doing that, and it will hurt your reputation score. Also, as far as upvoting your own comments, some people think it's alright, and some people hate it and don't think it's right. You will have to decide for yourself through your own research whether or not you think it's OK.
Just an FYI. Welcome to SteemIt.
Global markets, the United States and almost all of Europe is going on a calm season because Christmas holiday.
Markets will be closed today in the US, and in most countries of Europe, today and tomorrow are Christmas holidays. Analysts said that the new week is a quiet start to the open Asian markets and that investors will be in holiday mood during the week and that a horizontal course can be followed at open markets... @bitcoinflood @kingscrown
Bitshares is the future! Use Bitshares decentralized exchange.
Im crying for good decentralized exchange.