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RE: No-trade failures and approaching a million

in LeoFinance4 years ago

Unfortunately, the world we have created puts the make or break of a product into the hands of celebrities, regardless of whether there is merit to the call

Sadly this is the world we live in. However, I will say Elon's influence is good for the crypto industry. Most likely more celebs will join the hype and we can see things move astronomically. My fear would be government interference. I think that will occur soon

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Governments have been interfering the whole way, it is nothing new. The thing is that as long as those in crypto keep participating, it will be adapt or die for those who don't want it. The same thing happened with torrents in the past where "free is bad for business" yet here we are, twenty years later and the music industry is making far more than before due to the reach, streaming services like netflix were born from it. Things change.

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I agree. Nigeria is currently under such a test which the new ban on crypto. However, the people are adamant and I am certain things will continue. I hope to see what the government have up their sleeves in the coming months.

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