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RE: Cryptocurrency has not declined. Just the value to USD has... So Let's see what that really means..

in #bitcoin7 years ago (edited)

Luckily for me, I never used the word illuminati.. and I don't believe in the illuminati. I do believe in the elite forms of society because that is undisputed.

Secondly they do want to regulate the control of cryptocurrencies and have done so. Cryptocurrency is seen as competition for FIAT reserve money supply... so many of the elite (that includes large trading houses, banks, etc) to regulate it out of existence they best they can..

What they don't see is that innovation by humanity is stifled under the current system... it's not good.

I think what you've done, is read this article with your own viewpoint in mind, and taken my words and made them fit into an opposing view point of yours.

We're talking very much about similar things I can tell from your comment. I also agree the 2008 wouldn't happen if the state could regulate banking practices. But the state depends on financial systems, and financial systems well... help run the state. So it's a catch-22

I see I did say this:

Regulate everything into oblivion

To correct it (and thanks) for clarity sake, I've changed it to this:

Regulate decentralized anonymous cryptocurrency into oblivion