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RE: ...

in #dmania7 years ago

They will try as much to take it down and fight it left and right...

While that’s been common rhetoric and an understandable perspective, I may disagree at this point...

Overall, governments and regulators have been surprisingly accepting of the change and seem to have been embracing the innovation and fostering environments conducive to its healthy growth. Even banks have been embracing the technology - recognizing the “threats” it may pose, but also the tremendous benefits to be had through integrating blockchain to increase their efficiencies.

There may still be speed bumps, yet overall, there’s far more evidence that this transition is occurring successfully with far less opposition that many tend to think...

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I think I'm addicted to making memes for your posts.. Sorry hahaha.
The context of the comments just sets me up so well 😂😂😂😂😂

what you post I like, before I apologize to you, I want to be asked in the vote in my post .. 😢 😢by @ afrizal1990

Thank you for clarifying this. With the exception of China, no one country has taken unfavorable stance against Cryptos generally.

Even then, can we be sure that China’s stance is “unfavourable...?”

Yes, they might have banned crypto trading on foreign exchanges - at least temporarily. However, they’re still utilizing blockchain tech and supporting excellent projects like Neo, Walton Chain, etc. Thus, might still be too early to properly conclude where they stand - given alot of what news comes through is also filtered and biased, often laden with FUD...

Ohhh they support those projects?! You are so current with events. Thanks a lotta

yep. the benefits of blockchain tech are pretty apparent. despite the bureaucracies of governments, they moreless all recognize there are serious advantages to embracing and hopping onboard the trend. perhaps China has tended to be more controlling than other countries, but there's still a great deal of support - especially considering the country's competitive work-centric morale...

You are very right. I totally agree. My pleasure to learn under your tutelage...

okay... you need to fill me in on what "tutelage" means - I've NEVER heard that term before, and am very curious...?

Teaching/training/instruction... Under here contextually, you teach by revealing contemporary developments surrounding governmental policies regarding cryptocurrency generally, while I learn by reading your posts. Hence, under your tutelage....

There is absolutely a lot of sense in what you are saying. Would have loved to start up an argument but it seems like you already beat me 10 to nil.. There is something we can agree on which is >we have seen some crypto resistance no matter how little. All these little cryptocurrency resistances and negative opinions on crypto have somehow affected crypto prices negatively only that crypto has proven strong enough not to completely crash...

Even so, bear in mind that any market has its corrections/retracements...

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Whether traders simply taking profits or correlation with certain fundamentals, NO market EVER rises 100% of the time. Such consolidations are healthy. And the waves move on...