I wonder why some politicians and public figures are afraid of cryptocurrency.It has become an ideology for modern living and I don't think any effort to kill it will succeed.Decentralized exchanges will givemore power to the people.
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I suppose that fear is reasonable, imagine you store gold and suddenly platinum gets more consumers in the market or say diamond gets easily out in the market reducing value of gold (hypothetically).. some rich are afraid of that.. some are afraid cash going out of lifestyle wil make them poor..
I can't agree less, fear and greed always motivates the rich and powerful