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RE: What Is Going On With Cryptocurrecny?

in LeoFinance4 years ago

This year should be rather interesting and the next after that. It's going to outline the path we are on for Crypto and how it's going to shape. I don't see how governments won't step in when they start risking their fiat currency which is going to make for some seriously wild rides in crypto land prices. We saw this back in 2017-2018 when things started to get big they put their foot down or just screwed around making things super confusing on the tax front to the point most people just gave up.

That's kind of the thing with the US government at least. They screw around a lot and for a LONG time making no real judgment calls which makes people back off because of the uncertainty.

I do know for sure though we are headed to an all digital currency and FIAT paper money will be phased out. Be that in cryptos existing today but most likely one created by the government and controlled by the government.

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They do have tactics they can use except with each passing day it gets harder for them to pull off.

How are they going to deal with all these NFTs that keep popping up all over the place? How are they going to deal with the fact that uniswap is doing record numbers?

That is all outside their reach.

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